In response to US President Trump's global tariffs, the European Union is gearing up to implement countermeasures to safeguard its businesses and interests. The announcement of a 20% tariff has alarmed EU leaders, including Commission President Ursula von der Leyen, who emphasized that the tariffs threaten the long-standing beneficial trade relations between Europe and the US. Von der Leyen warned that the entire global economy could suffer, and a call for a suspension of new US investments in France has been made. German politicians echoed similar sentiments, condemning the tariffs for their potentially damaging impact.
The EU is preparing countermeasures to protect its interests if negotiations with the US fail, with tariffs causing significant concern among European businesses.
EU Commission President von der Leyen warned that tariffs will impact all businesses and increase costs, threatening 80 years of beneficial trade relations.
Chancellor Olaf Scholz criticized US tariffs as fundamentally wrong, suggesting they would damage the global economy, which reflects a bipartisan concern across German politics.
The EU Commission has stated readiness to defend itself against these tariffs, emphasizing the intent to preserve job security and the integrity of trade relations.
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