European Commission chief Ursula von der Leyen expressed deep regret over the newly imposed US tariffs on steel and aluminium, stating they disrupt business and supply chains. The EU plans to respond with equal tariffs worth $28 billion on US products, marking a continuation of the trade conflict initiated under President Trump. The response includes a range of products and emphasizes the desire for meaningful dialogue between the EU and the US to resolve issues. Von der Leyen highlighted that tariffs ultimately harm both businesses and consumers.
"We deeply regret this measure," European Commission chief Ursula von der Leyen said in a statement about the US tariffs, as Brussels announced it would be "launching a series of countermeasures" in response to the "unjustified trade restrictions".
"Tariffs are taxes. They are bad for business, and even worse for consumers. These tariffs are disrupting supply chains. They bring uncertainty for the economy," she said.
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