A recent survey indicates that a substantial majority of western Europeans are in favor of retaliatory tariffs against the US in response to anticipated import duties by President Trump. 'Liberation Day' is looming, with tariffs expected to vary across countries and notably impact European firms reliant on US markets for revenue. The EU plans a robust response to US tariffs, which could lead to a trade war, causing possible economic impacts across Europe. Despite this, large majorities still support retaliation, showing concern over trade fairness and imbalances with the US.
A YouGov survey has shown that a significant majority of western Europeans support retaliatory tariffs against the US in response to potential import duties by Donald Trump.
Despite anticipating negative impacts on their own economies, majorities in several European countries favored imposing retaliatory tariffs against the US, reflecting concerns over trade imbalances.
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