EU pushes back hard against Trump tariff threats and his caustic comments that bloc is out to get US
- The European Union stated that it is not trying to undermine the United States, but is the world's largest free market that benefits American companies working with the continent.
- The EU opposes U.S. President Donald Trump's threatened 25% tariff on all EU products, warning of tough countermeasures on U.S. Industries like bourbon and jeans.
- Poland's Prime Minister Donald Tusk asserted that the EU was formed to promote peace and fair trade, not to harm the U.S.
- European Commission trade spokesman Olof Gill emphasized that the EU will respond firmly to any unjustified trade barriers from the Trump administration.
116 Articles
116 Articles
Will Trump Trigger a Eurozone Debt Crisis? | by Desmond Lachman - Project Syndicate
Given Germany’s shrinking economy and serious public-debt problems in both Italy and France, Donald Trump’s proposed import tariffs risk triggering a Europe-wide recession and another eurozone debt crisis. Trump’s “America First” trade agenda would soon blow back on the United States – not least on his beloved stock market.
Trump's obsession with VAT (“it's like a duty”) and the dangerous intersection with the Milanese evasion investigations that scare Meta and X
“I had problems with the EU because they imposed tariffs on us... they do it in the form of a value added tax that is about 20%.” In recent days, Donald Trump has returned to reaffirm his intention to start a war with reciprocal tariffs with the Old Continent not only to respond to the alleged “injustice” of the European trade surplus and the tariffs imposed on some US products, but also as a reaction to VAT. Which his administration considers a…
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