EU Prepares for Trump Tariffs on Europe Totaling €81 Billion
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World
April 3, 2025 13:28
europe - European Commission strategizes to counter US tariffs, impacting consumer prices. Negotiations crucial to prevent trade war escalation.
EU Takes Action Against US Tariffs
Eurocommissaris Maroš Šefčovič meets with American counterparts to avoid trade war. Tariffs on EU goods could lead to €81 billion increase in costs.
Strategic Response
- EU plans measured, united response to US tariffs.
- Brussels evaluates impact on consumer prices.
- Focus on resolving issues without escalating tensions.
Countermeasures and Impact
- EU prepares retaliatory measures but delays implementation.
- Potential higher tariffs on American goods like jeans and Harley-Davidsons.
- Efforts to distribute economic burden evenly among member states.