EU promises strong countermeasures to US steel, aluminum tariffs
What's the story
European Union (EU) leader Ursula von der Leyen has issued a stern warning in response to the US's newly imposed tariffs on steel and aluminum. She pledged that these tariffs "will not go unanswered," and will prompt robust countermeasures from the 27-member bloc. This statement comes after US President Donald Trump's decision to impose additional charges on these key imports from Europe.
Economic defense
EU's commitment to protect its economic interests
In light of these new tariffs, Von der Leyen emphasized the EU's commitment to defending its economic interests. She said, "The EU will act to safeguard its economic interests. We will protect our workers, businesses and consumers." This statement highlights the bloc's resolve to not just retaliate strongly but also protect the welfare of its citizens amid this intensifying trade conflict with the US.
Tariff criticism
Von der Leyen criticizes tariffs as detrimental
The EU chief slammed the new tariffs as detrimental for businesses and consumers alike. She argued, "Tariffs are taxes — bad for business, worse for consumers." Von der Leyen further warned, "Unjustified tariffs on the EU will not go unanswered — they will trigger firm and proportionate countermeasures." This statement underlines her stance against what she sees as an unjust trade practice by the US.
Solidarity
Germany supports EU's stance on US tariffs
In Germany, Chancellor Olaf Scholz echoed von der Leyen's sentiments in a parliamentary session. He said, "If the US leaves us no other choice, then the European Union will react united." Scholz also warned that "ultimately, trade wars always cost both sides prosperity." His comments highlight Germany's backing of the EU's position against these new tariffs and its willingness to join any countermeasures.