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Fri, Apr

EU Condemns Trump Tariffs, Prepares to Retaliate

EU Condemns Trump Tariffs, Prepares to Retaliate

Hellenic Shipping News

European Commission President Ursula von der Leyen has condemned U.S. President

European Commission President Ursula von der Leyen has condemned U.S. President Donald Trump’s sweeping new tariffs as a severe threat to the global economy, warning that the European Union is prepared to retaliate if negotiations with Washington fail.

EU’s Countermeasure Plans
Speaking in Samarkand, Uzbekistan, ahead of an EU-Central Asia partnership summit, von der Leyen stated that the EU was already finalizing an initial package of countermeasures in response to U.S. steel tariffs. She confirmed that Brussels is now preparing additional actions to protect European interests and businesses.

“We are already finalizing the first package of countermeasures in response to tariffs on steel,” von der Leyen said. “And we’re now preparing for further countermeasures to protect our interests and our businesses if negotiations fail.”

While she did not specify the nature of future EU sanctions, officials have signaled plans to impose tariffs on up to €26 billion ($28.4 billion) worth of U.S. goods this month, targeting industries affected by Washington’s 25% steel and aluminum tariffs introduced on March 12.

Trump’s Tariffs and Global Fallout

On Wednesday, Trump announced a 10% minimum tariff on most goods imported into the U.S., with a steeper 20% tariff on EU products, marking an aggressive escalation in his

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