"Immense Consequences" - EU Warns Of Countermeasures As World Leaders Respond To US Tariffs

Economists around the world don't understand Trump's customs policy and warn against the consequences. Memories of the Great Depression of the 1930s are awakening. Where are parallels, where are differences? By Bianca von der Au.

"Immense Consequences" - EU Warns Of Countermeasures As World Leaders Respond To US Tariffs

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EU Warns of Countermeasures as World Leaders Respond to US Tariffs

The European Union will unveil countermeasures to U.S. President Donald Trump’s latest tariffs if negotiations with the White House stall, European Commission President Ursula von der Leyen said on April 2, as leaders around the world responded to the new levies. Trump on Wednesday unveiled a 10 percent minimum reciprocal tariff on most goods imported to the United States, while imposing a higher 20 percent levy on the European Union. He said th…

Former Finance Minister Trygve Slagvold Vedum will be cautious in responding to Donald Trump's new tariffs.

Trump’s New Tariffs Spark Global Backlash: EU Prepares Countermeasures

In a bold move, U.S. President Donald Trump unveiled sweeping tariffs on April 2, 2025, prompting a fierce global response. The new levies, including a 10% baseline tariff on most imports and a steeper 20% tariff on the European Union, have set off alarm bells worldwide. European Commission President Ursula von der Leyen has labeled the tariffs “a major blow to the world economy” and warned of “dire consequences” as the EU gears up for retaliato…

Is a trade war inevitable? - World leaders condemn Trump's tariff measures

Global Backlash – World leaders slam Trump’s tariffs, with allies like Japan, Australia & the EU vowing countermeasures. WASHINGTON – Countries around the world, including the United States’ closest allies, have strongly condemned President Donald Trump’s newly announced retaliatory tariffs. Some nations have outlined countermeasures while also hoping for potential negotiations with the U.S. government. China has called for an immediate reversal…