The European Union will impose counter-tariffs on $28 billion worth of U.S. goods starting next month, triggering heated discussions across Europe. The move responds to U.S. tariffs on steel and aluminum, with Spanish residents in Madrid calling the policy a 'serious mistake' that risks long-term economic trust.
CGTN gathered reactions from locals in the Spanish capital, where frustration with Washington's strategy was palpable. "The Americans have made a serious mistake, believing this would solve their economic problems," said Juan Allende, a Madrid resident. Nicolas, another interviewee, warned of strained relations: "Rebuilding trust between the EU and U.S. will take years. We need more autonomy to navigate such crises."
The escalating trade measures come as global markets brace for ripple effects. Analysts suggest industries from automotive manufacturing to agriculture could face disruptions, while business leaders urge renewed diplomatic dialogue.
