Editor's PiCK
EU Commission President: "Response to Trump Tariffs… Will Take All Measures to Protect EU Interests"
Summary
- President von der Leyen has expressed a strong willingness to respond to President Trump's tariff policy.
- The EU has stated that it is preparing proportional response measures if necessary to protect industries and jobs.
- It was noted that a 30% tariff is scheduled to be imposed on the EU starting August 1.
Ursula von der Leyen, President of the European Commission, has expressed a strong commitment to responding firmly to President Donald Trump's tariff policies.
According to Walter Bloomberg, an overseas financial news channel, on the 12th (local time), President von der Leyen stated, "The EU is ready to adopt proportional response measures if necessary to protect our industries and jobs." This is interpreted as the official stance in response to President Trump's announcement of high tariffs affecting 24 countries, including the EU.
Additionally, the media outlet reported that three senior EU officials assessed, "Trump's recent measure is a pressure tactic for negotiations."
Previously, President Trump sent out sequential high-tariff letters from the 7th to the 12th to 24 countries, including Japan, South Korea, Brazil, Canada, Mexico, and the EU. The EU was included in the fourth batch of letters sent on the 12th, and a 30% tariff is scheduled to be imposed starting August 1.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.!["Will AI take our jobs?" Fear spreads…market rattled by a plunge in shares [New York Market Briefing]](https://media.bloomingbit.io/PROD/news/874408f1-9479-48bb-a255-59db87b321bd.webp?w=250)
