EU reacts to Trump's tariffs: the Leyen announces a strong plan!
EU reacts to Trump's tariffs: the Leyen announces a strong plan!
In the course of the current trade dispute between the EU and the USA, the EU Commission President Ursula von der Leyen announced determined action. vienna.at reported that the EU has "all funds" to protect the wealth in Europe. She explained: "We don't necessarily want to strike back, but when it is necessary we have a strong plan to strike back."
The latest developments are alarming: Since January 2025, US President Donald Trump has introduced several tariffs that affect the EU in particular. On March 12, 2025, new tariffs of 25 percent came into force on steel and aluminum imports, followed by announced 25 percent punitive tariffs on auto imports for vehicles that will not be produced in the USA that will apply from Thursday. The Spiegel also reports that US government plans to collect special tariffs on semiconductors, pharmaceuticals and wood.
risks of a trade war
from the Leyen urgently warns of the potential consequences of a trade war and makes it clear that tariffs are taxes that are ultimately paid by the people. These could have negative effects on the prices of food and medication. According to the Leyen, a trade war would not only endanger the European economy, but also global stability.
The risks of a trade war are far -reaching. Historically speaking, similar conflicts such as the Smoot-Hewley Tariff Act in the 1930s, led to global economic turbulence. As described on MAG Europe , trade wars always have the potential to trigger global chain reactions and to impair investments. Current fronts in these arguments can be observed in particular between the USA and China, where the USA under Trump traces an aggressive trade policy to combat China's dominance.
EU reacts with willingness to negotiate
from the Leyen demands a rethink in the EU's trade strategy. It emphasizes the need to strengthen the European internal market and reduce bureaucracy in order to facilitate small and medium -sized companies. This is particularly relevant in an environment in which protectionism and business nationalism increases and local interests often go at the expense of free trade.
The EU sees itself as a negotiator in this conflict and hopes that dialogue and negotiations can overcome the prevailing measures. The Leyen is convinced that Europe has not started the trade dispute and campaigns for a common "re-industrialization" to secure prosperity in the long term.
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| Ort | Vienna, Österreich |
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