EU trade ministers expressed strong disapproval of U.S. President Trump's surprise announcement of 30% tariffs on European goods, calling it "absolutely unacceptable." They are currently preparing countermeasures, considering an extensive list of U.S. imports worth approximately 72 billion euros. The EU, as the largest trading bloc and America's biggest business partner, aims to unite in negotiations with Washington or implement countermeasures if necessary. Rates on various European products could rise in the U.S., potentially destabilizing European economies. Brussels has postponed retaliatory tariffs to foster a possible trade agreement within the month.
Maroš Šefčovič emphasized the need for a unified response, stating that the EU will consider countermeasures amounting to 72 billion euros in U.S. imports, showcasing their readiness to negotiate.
Lars Løkke Rasmussen highlighted the strong feeling of unity amongst the EU ministers and their readiness to respond with robust and proportionate countermeasures if necessary.
U.S. President Donald Trump's announcement of 30% tariffs on the EU was described as "absolutely unacceptable" by EU trade ministers during their meeting.
The tariffs could make a variety of European products more expensive in the U.S., potentially destabilizing economies across several European countries and affecting consumers.
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