• $ 1.7
  • € 1.9722
  • ₽ 0.021656
  • ₺ 0.0401
  • £ 2.2538

EU vows firm response if Trump unleashes tariffs

EU vows firm response if Trump unleashes tariffs
03.02.2025 10:36
The European Union insisted Sunday it would retaliate "firmly" if US President Donald Trump hit it with tariffs, as Brussels decried his sweeping measures against Canada, Mexico and China, reported from France 24.

Brussels until now has said it hopes to avoid a trade conflict with Trump through negotiation.

But on Friday the US leader doubled down by saying he "absolutely" planned to target the EU in future, after first slapping levies on his North American neighbours and China.

"The European Union regrets the US decision to impose tariffs on Canada, Mexico and China," said a spokesman for the European Commission.

"Tariffs create unnecessary economic disruption and drive inflation. They are hurtful to all sides."

The spokesman said "the EU would respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods".

"At this time, we are not aware of any additional tariffs being imposed on EU products," he added.

He said the 27-nation EU remained committed to low tariffs to "drive growth and economic stability within a strong, rules-based trading system".

And he reiterated the EU's commitment to its trade and investment relationship with the United States -- "the biggest in the world".

"There is a lot at stake," said the spokesman. "We should both be looking at strengthening this relationship."

Trump has not hidden his enmity for the EU, accusing it of treating the United States "very, very unfairly" on trade.

Tensions have also risen over his repeated insistence that he wants to take Greenland from EU member Denmark.

Back in 2018, during his first term, Trump imposed tariffs on European steel and aluminium exports -- leading the EU to respond with its own higher duties.

As a result, Europe has been gaming out scenarios for months to ensure it is ready this time around, should he decide to unleash a new trade conflict with the bloc.

www.anews.az
Similar news
Similar news
China’s top diplomat Wang Yi to visit Moscow on Dec. 1–2
World 17:30
China’s top diplomat Wang Yi to visit Moscow on Dec. 1–2
When will Armenia complete its new constitution?
World 17:00
When will Armenia complete its new constitution?
Rubio gives assurances to European countries on Ukraine talks
World 15:00
Rubio gives assurances to European countries on Ukraine talks
Khamenei: US is “not worthy of negotiating with us”
World 12:27
Khamenei: US is “not worthy of negotiating with us”
ISW: A rapid Russian takeover of Donbas remains impossible
World 12:00
ISW: A rapid Russian takeover of Donbas remains impossible
Kazakh health minister assists passenger who fell ill on flight
World 11:27
Kazakh health minister assists passenger who fell ill on flight
Durov: EU uses child protection as a pretext for mass surveillance
World 10:30
Durov: EU uses child protection as a pretext for mass surveillance
Roskosmos reports launch pad damage at Baikonur after Soyuz-2.1a liftoff
World 10:00
Roskosmos reports launch pad damage at Baikonur after Soyuz-2.1a liftoff
Three Armenians sentenced to life over Crimea Bridge blast
World 16:30
Three Armenians sentenced to life over Crimea Bridge blast
Anews TV

Our official Youtube channel

Subscribe