7 hours agoEU threatens tough counter-mass against US
Periskopi(a year ago)
(a year ago)European Commission President Ursula von der Leyen has stated that the European Union is prepared to counter new tariffs imposed by the United States, stressing that the EU has a strong “plan” for revenge measures if necessary. Speaking at the European Parliament, von der Leyen stressed that [...]
Speaking at the European Parliament, von der Leeyen stressed that the EU prefers a negotiated solution to trade disputes, but is willing to protect its interests and European companies, broadcasts Periscope.
She also noted that US-set tariffs increase costs for American consumers and producers, potentially leading to job losses.
These comments come after US President Donald Trump's administration's decision to impose tariffs on steel and aluminum imports, as well as planning for higher tariffs on imported vehicles.
Von der Leeyen emphasised the importance of the EU's common market as a powerful tool for economic growth and the protection of common European interests and values.
