EU Warns of Firm Response to US Tariffs

The European Union has issued a stern warning to the United States, stating it will respond firmly if President Donald Trump imposes tariffs on EU products. This comes in the wake of Trump's recent tariffs on Canada, Mexico, and China, which have already caused significant economic disruptions.

An EU Commission spokesperson expressed regret over the US decision, describing the tariffs as 'unnecessary economic disruption' that could lead to inflation. Despite this, the EU remains committed to maintaining low tariffs and a rules-based trading system. However, it has made it clear that it will not hesitate to take action if its exports are adversely affected.

Global Trade War Fears Escalate

President Trump's announcement that he 'absolutely' plans to target European goods next has raised concerns about a potential global trade war. The backlash from Canada and Mexico over the recent tariffs has only added to these fears, as the international community watches closely to see how the situation will unfold.