European Commission President Ursula von der Leyen announced the EU's readiness to protect its economic interests if the US implements a 30% tariff rate on EU exports. The EU aims to negotiate an agreement by August 1 and emphasizes its dedication to fair trade practices. Von der Leyen indicated the readiness to adopt proportionate countermeasures if needed, reaffirming the bloc's commitment to safeguarding its trade obligations and maintaining its economic position in global markets.
President Ursula von der Leyen emphasized that the EU is prepared to safeguard its economic interests against the proposed 30% tariff increase by the US.
The European Commission is committed to fair trading practices and is open to negotiations, aiming for an agreement by August 1.
Von der Leyen stated that the EU will adopt proportionate countermeasures if necessary to protect its economic interests.
The straightforward message underscores the EU's readiness to respond decisively and to protect its trade commitments and economic standing.
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