Trump Global Tariff Updates LIVE: EU Working On Plan To Shield Economy From Trump Tariff I N18L
Автор: moneycontrol
Загружено: 2025-04-03
Просмотров: 858
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#trump #tariffs #donaldtrump #tariffs #trumptariffs
Ursula von der Leyen, President of the European Commission, condemned U.S. President Donald Trump's universal tariffs, calling them a significant threat to the global economy. She announced that the European Union is preparing countermeasures in response, particularly to U.S. tariffs on steel, and plans to impose tariffs on up to €26 billion worth of U.S. goods. Trump’s tariffs, including a 10% minimum on most imports and a 20% rate for the EU, have heightened global trade tensions, risking inflation and economic slowdown worldwide. Von der Leyen warned of "immense consequences," including the rise of protectionism, higher costs for consumers, and disruptions for businesses. While she acknowledged that some countries had unfairly exploited trade rules, she emphasized the need for reform and a negotiation-based solution to address concerns. The EU remains prepared to act, but hopes to resolve the issue through diplomatic channels.
Watch live as President Donald Trump declares Wednesday ‘Liberation Day’ as he rolls out a set of tariffs he promises will free the United States from foreign goods. The ‘reciprocal’ tariffs are likely to create chaos for global businesses and spark conflict with both America's allies and adversaries.
#trump #tariffs #donaldtrump #tariffs #trumptariffs
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