Spain's Response to US Tariffs

In a bold move to counteract the impact of recent US trade duties, Spanish Prime Minister Pedro Sanchez is set to reveal a comprehensive plan today. The initiative includes an "immediate safety net" and a "relaunch strategy" aimed at sectors most affected by the tariffs.

Details of the Plan

The specifics of these protective measures will be outlined in a contingency framework, to be announced at the Moncloa Palace. This framework is designed to complement the European Union's existing response strategies, offering additional support to vulnerable industries.

Spain's Stance on US Policies

Economy Minister Carlos Cuerpo has reiterated Spain's willingness to engage in dialogue with the US, despite expressing strong disapproval of the new American tariffs. These tariffs, which include a 20% levy on EU members, have sparked widespread concern among affected nations.