The EU says the U.S.'s imposition of a 30% tariff harms both sides' interests and will take countermeasures if necessary.
On July 13, according to Jinshi Data, European Commission President Ursula von der Leyen issued a statement saying that the EU has taken note of a letter from US President Donald Trump outlining revised tariff rates and a new timetable. The statement said that the US imposing a 30% tariff on EU exports would disrupt important supply chains on both sides of the Atlantic and harm the interests of businesses, consumers and patients on both sides. The statement said that few economies worldwide can match the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving differences with the US through negotiations. The statement said that the EU remains ready to continue working towards an agreement by August 1. At the same time, it will take all necessary measures to protect the EU's interests, including taking proportionate countermeasures if necessary. At the same time, the EU will continue to deepen global partnerships and steadfastly base itself on the principles of rules-based international trade. [Deep Tide TechFlow]
The EU says the U.S.'s imposition of a 30% tariff harms both sides' interests and will take countermeasures if necessary.
On July 13, according to Jinshi Data, European Commission President Ursula von der Leyen issued a statement saying that the EU has taken note of a letter from US President Donald Trump outlining revised tariff rates and a new timetable. The statement said that the US imposing a 30% tariff on EU exports would disrupt important supply chains on both sides of the Atlantic and harm the interests of businesses, consumers and patients on both sides. The statement said that few economies worldwide can match the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving differences with the US through negotiations. The statement said that the EU remains ready to continue working towards an agreement by August 1. At the same time, it will take all necessary measures to protect the EU's interests, including taking proportionate countermeasures if necessary. At the same time, the EU will continue to deepen global partnerships and steadfastly base itself on the principles of rules-based international trade. [Deep Tide TechFlow]
