
EU to Address US Tariffs with Dual Response Strategy
European Commission spokesperson Olof Gill announced on Wednesday that the European Union is preparing to respond to the United States' impending tariffs at what it deems the "appropriate moment." The EU's strategy involves two distinct responses: one targeting the steel and aluminum tariffs and another addressing all other levies collectively.
Assessing Economic Impact Amid Uncertainty
The EU is currently evaluating the potential economic repercussions of these tariffs. However, Gill noted that the assessment is complicated by the lack of clarity regarding the specific measures US President Donald Trump plans to implement. Despite these challenges, the EU remains committed to understanding the full scope of the impact.
EU Advocates for Dialogue Over Dispute
While there are no immediate plans for EU officials to visit the US for trade discussions, Gill emphasized the EU's readiness to engage in negotiations swiftly. The union strongly favors a diplomatic resolution to the trade tensions, underscoring its preference for dialogue and negotiated settlements over prolonged disputes.
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