EU president issues stern 10-word warning to Trump | Political News
European Union President Ursula von der Leyen did not mince phrases in her 10-word assertion on U.S. President Donald Trump’s 25% tariffs on numerous European items.
“They are dangerous for business, and even worse for customers,” she declared in a Wednesday morning post on X, accompanied by a two-minute video discussing the tariffs.
In response, von der Leyen introduced retaliatory tariffs towards the U.S., amounting to €26 billion. These tariffs particularly goal textiles, home home equipment, and produce in a number of key Republican stronghold states.
The new EU tariffs will have an effect on every part from bikes to bourbon, peanut butter, and denims, mirroring the influence during Trump’s first time period. The EU goals to exert stress on the U.S. whereas additionally minimizing additional hurt to Europe — a area Trump said final month would primarily have to fend for itself with none U.S. protection assist.
States together with Louisiana, Kansas, Nebraska, Alabama, Georgia, and Virginia, which generally lean Republican (although Virginia has sometimes swung Democratic), can be affected by these tariffs.
“The trade relations between the European Union and the United States are the biggest in the world. They have brought prosperity and security to millions of people, and trade has created millions of good jobs on both sides of the Atlantic,” von der Leyen asserted in her video assertion.
“As of this morning, the United States is applying a 25% tariff on imports of steel and aluminum. We deeply regret this measure. Tariffs are taxes. They are bad for business and worse for consumers,” she stated. “They are disrupting supply chains. They bring uncertainty for the economy. Jobs are at stake. Prices will go up. Nobody needs that on both sides, neither in the European Union nor in the United States.”
She additional declared that the EU “must act to protect consumers and business,” noting that the commerce bloc’s countermeasures are “strong but proportionate.”
“As the United States are applying tariffs worth $28 billion, we are responding with countermeasures worth €26 billion. This matches the economic scope of the tariffs of the United States,” she defined. “Our countermeasures will be introduced in two steps, starting with April 1 and fully in place as of April 13.”
“In the meantime, we will always remain open to negotiations. We firmly believe that, in a world fraught with geoeconomic and political uncertainties, it is not in our common interest to burden our economies with such tariffs,” she added.
Von der Leyen additionally talked about that she had tasked EU Trade Commissioner MarosÌŒ SÌŒefcÌŒovicÌŒ with resuming discussions with the U.S. “to explore better solutions.”
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The American Chamber of Commerce issued a stark warning to the EU, stating that U.S. tariffs and EU countermeasures “will only harm jobs, prosperity and security on both sides of the Atlantic.”
On Wednesday, the chamber emphasised the urgency of the state of affairs: “The two sides must de-escalate and find a negotiated outcome urgently.”
Meanwhile, European metal corporations are gearing up for potential financial hits as they face the chance of shedding up to 3.7 million tons of metal exports within the ongoing commerce conflict. Trade between the U.S. and the EU makes up about 30% of world commerce, producing roughly $1.5 trillion for each economies.
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