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EU to prepare countermeasures to US reciprocal tariffs, says EU chief

  • The European Union Chief, Ursula von der Leyen, announced plans for countermeasures against President Trump's new tariffs on EU goods, including a 20% levy.
  • Ursula von der Leyen expressed concerns that Trump's tariffs could harm millions globally and negatively impact the world economy.
  • Italian Prime Minister Giorgia Meloni condemned the tariffs and urged for negotiations to avoid a damaging trade war, asserting it would weaken the West.
  • The EU aims to work collectively with the US for a pragmatic response that balances negotiations with European interests.
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Consenso del Mercado broke the news in on Wednesday, April 2, 2025.
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