Transatlantic trade tensions surged as U.S. President Donald Trump announced a 25% tariff on European imports, sparking swift reactions from European nations. The tariffs, targeting various goods including cars, were justified by Trump as a response to what he termed as the EU's unfair trade practices against American products.
European Commission spokesperson Olof Gill countered by highlighting the significant profits American businesses have gained from investments in Europe. \"By creating a large and integrated single market, the European Union has facilitated trade, reduced costs for EU exporters, and harmonized standards and regulations across all our member states,\" Gill emphasized. He assured that the EU would respond \"firmly and immediately\" to any unjustified barriers to free and fair trade.
European Parliament President Roberta Metsola echoed this sentiment, stressing the shared values between Europe and the United States and warning against isolation. She reaffirmed the EU's readiness to defend its economic sovereignty against what she described as unjust obstacles.
France and Spain stood united in their stance against the tariffs. French Economy Minister Eric Lombard advocated for a proportionate response similar to the U.S. actions, while French Defense Minister Sebastien Lecornu called for an immediate and proportionate reaction to protect Europe's interests.
Spanish Prime Minister Pedro Sanchez declared that the EU is prepared to adopt measures to safeguard its economic sovereignty and maintain open trade channels. He rejected Trump's characterization of the EU, asserting that many American successes are built upon European foundations.
Polish Prime Minister Donald Tusk echoed these views on social media, emphasizing the EU's role in maintaining peace, fostering respect among nations, and ensuring free and fair trade.
In Italy, Minister Adolfo Urso expressed concern over the potential economic disruptions caused by the tariffs, while industry leaders like Emanuele Orsini warned that Trump's policies threaten European businesses and jobs, calling for a stronger and more unified EU response.
As the situation develops, European countries remain steadfast in their commitment to defend free trade and economic cooperation, seeking to mitigate the impact of the newly imposed tariffs and preserve transatlantic relations.
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European countries vow retaliation against Trump's tariff threat
cgtn.com
