EU Vows Retaliation Against Trump’s Tariffs, Trade Wars Loom
by Emmitt Barry, Worthy News Correspondent
(Worthy News) – The president of the European Commission has vowed to retaliate and strongly condemned President Trump’s decision to levy a 25% tariff on foreign steel and aluminum, as markets anticipate a potential trade war between the U.S. and Europe.
Ursula von der Leyen, head of the European Commission, the executive arm of the EU, strongly criticized the imposition of tariffs, stating, “Tariffs are taxes that are bad for business and worse for consumers.”
She warned late Monday, “Unjustified tariffs on the EU will not go unanswered — they will trigger firm and proportionate countermeasures.” von der Leyen further emphasized, “The EU will act to safeguard its economic interests. We will protect our workers, businesses, and consumers.”
President Trump states that tariffs encourage companies to either return to the U.S. or maintain their operations domestically, leading to job creation for American workers and generating revenue to support domestic programs.
Later this week, President Trump intends to implement reciprocal tariffs on countries that impose taxes on U.S. goods, potentially escalating tensions between the U.S. and the EU into a trade war.
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