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EU responds to US tariffs: Striving to reach agreement by August 1, will take all necessary measures to protect EU interests

Summary: In response to the imposition of a 30% tariff on EU exports, European Commission President von der Leyen stated that it would disrupt crucial transatlantic supply chains. Few global economies can match the EU in terms of openness and adherence to fair trade rules. The EU remains committed to prioritizing negotiated solutions with the US. ...

In response to the imposition of a 30% tariff on EU exports, European Commission President von der Leyen stated that it would disrupt crucial transatlantic supply chains. Few global economies can match the EU in terms of openness and adherence to fair trade rules. The EU remains committed to prioritizing negotiated solutions with the US. Efforts are ongoing to reach an agreement by August 1, with all necessary measures to protect EU interests, including potential retaliatory actions if needed.

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