Transatlantic trade tensions have surged following U.S. President Donald Trump's announcement of a 25 percent tariff on various European imports, including cars and agricultural products. Trump stated that the European Union (EU) has \"taken advantage\" of the United States by imposing barriers on American goods.
In response, European Commission spokesperson Olof Gill highlighted the significant profits American businesses have gained from investments in Europe, attributing success to the EU's integrated single market, which facilitates trade and harmonizes standards across member states.
The European Commission declared that it would react \"firmly and immediately\" against what it considers unjustified barriers to free and fair trade, especially when tariffs challenge legal and non-discriminatory policies.
European Parliament President Roberta Metsola emphasized the shared values between Europe and the United States, warning against isolation. She reaffirmed the EU's readiness to respond decisively to protect free trade principles.
France and Spain echoed the EU's stance, advocating for unity in defending Europe's economic interests. French Economy Minister Eric Lombard and French Defense Minister Sebastien Lecornu called for a firm and proportionate reaction to the imposed tariffs.
Spanish Prime Minister Pedro Sanchez stressed the EU's commitment to open trade and cooperation, rejecting Trump's promotion of isolation. He dismissed claims that the EU was formed to undermine the United States, highlighting the mutual benefits of transatlantic relations.
Polish Prime Minister Donald Tusk and Italian Minister Adolfo Urso expressed concerns over the escalating trade tensions, with Italian industrial leaders urging for a stronger response to protect European businesses and jobs. Confindustria president Emanuele Orsini criticized Trump's tariffs as threats to Europe's economic sovereignty and called the situation a \"dark hour\" for the continent.
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European countries vow retaliation against Trump's tariff threat
cgtn.com
