US President Donald Trump has threatened to impose a 30% tariff on European Union imports, despite prior negotiations aiming to avoid such measures. EU leaders reacted, with French President Emmanuel Macron suggesting readiness for a trade war, while German Chancellor Friedrich Merz also expressed concern. Conversely, Italian Prime Minister Giorgia Meloni advocated for a fair agreement, emphasizing the need to avoid conflict. EU Trade Commissioner Maros Sefcovic highlighted that such high tariffs would severely hinder trade, indicating the gravity of the situation for EU-US relations.
We have had years to discuss our Trading Relationship with The European Union, and we have concluded we must move away from these long-term, large, and persistent Trade Deficits, engendered by your Tariff, and Non-Tariff, Policies, and Trade Barriers. Our relationship has been, unfortunately, far from Reciprocal.
Let's be honest, the idea of 30% tariff rate is effectively prohibitive to the mutual trade.
The EU should be ready for a trade war and to stand up to the US president, who was only last week expected to approve a 10% tariff agreement in principle with the bloc.
It would make no sense to trigger a trade war between the two sides of the Atlantic.
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