Connect with us

Economy

Tariff tensions boil over: EU declares trade war

Published

on

European Union flag.

The European Union (EU), has strongly condemned the new tariffs imposed by U.S. President Donald Trump, describing them as ‘illegal’ and harmful to global trade.

European Commission President, Ursula von der Leyen, said:

“Europeans feel let down by our oldest ally.”

According to Associate Press, Leyen described Trump’s decision as ‘a major blow’ that will increase global inflation and consumer prices.

She warned, “The EU is prepared to respond.”

Trump, on Wednesday, announced a “Liberation Day” tariff policy, imposing a minimum 10% levy on all imports, with the EU facing a 20% tariff.

The decision has sparked outrage across European capitals, prompting swift reactions.

Leyen confirmed that the commission is finalizing countermeasures.

She added that “It is not too late to address concerns through negotiations.”

Italy’s Prime Minister, Giorgia Meloni, a known ally of Trump, expressed rare criticism, calling the tariffs “a measure that I consider to be wrong.”

In a statement on her social media platform X formerly (twitter), she warned that a trade war would inevitably weaken the West in favor of other global players.

European Council President, António Costa, maintained that the EU will remain a staunch advocate for free and fair trade.

He urged European nations to conclude trade deals with Mexico, India, and the South American Mercosur bloc.

Ireland’s Prime Minister, Micheál Martin, rejected the tariffs, stating: “We see no justification for this.”

He warned the US government that disrupting the deeply integrated relationship benefits no one.

Sweden’s Prime Minister, Ulf Kristersson, said free enterprise and competition have laid the foundations of the West’s success.

See also  Judicial Discipline In Full Gear: NJC Takes Tough Decisions Nationwide

He added that this is why he deeply regrets the path the U.S. has embarked upon.

Finland’s Prime Minister, Petteri Orpo, cautioned that there are no winners in a trade war.

He reassured that the EU is ready to respond and negotiate.

Poland’s Prime Minister, Donald Tusk, called for really and truly reciprocal tariffs.

Denmark’s Foreign Minister, Lars Rasmussen, emphasized that instead of raising walls, barriers should be brought down.

He vowed that Europe will give robust and proportional answers.

Norway’s Trade Minister, Cecilie Myrseth, described Trump’s tariffs as a serious day for Norway’s economy.

Switzerland’s President, Karin Keller-Sutter, vowed that swift steps will be taken.

British Business Secretary, Jonathan Reynolds, stated that there are a range of tools at their disposal and they will not hesitate to act.

He added that nothing is off the table.

Meanwhile, China, which is facing a massive 54% tariff, has vowed to retaliate against the U.S.

 


For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: citizenreports@diasporadigitalmedia.com. Follow us on X (Fomerly Twitter) or Facebook

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest from DDM TV

Latest Updates

JUST IN: Former Equatorial Guinea Official in Sex Tape Scandal Faces 18-Year in Jail

Google’s EU Fine Escape Plan Just Leaked — You Won’t Believe What’s Inside

Is AI the Future or the End? Inside Microsoft’s Massive Layoff Decision

What Peter Obi said about coalition excites supporters

Courtroom Shock: Ishaku Urged Witness to Avoid EFCC

Tension in LP: Abure-Led Faction Gives Peter Obi 48-Hour Ultimatum

EFCC Busts Cybercrime Ring in Ogun

Obi as VP? That’s an Insult! – Keyamo Slams Coalition’s 2027 Plot

EFCC: 34 Internet Fraudsters Nabbed in Midnight Ekiti Raid

BREAKING: Tragedy Strikes as Liverpool’s Jota and Brother Andre Silva Killed In Spain Crash

Subscribe to DDM Newsletter for Latest News

Get Notifications from DDM News Yes please No thanks