Spain's Response to US Tariffs

Spanish Prime Minister Pedro Sanchez is set to reveal an "immediate safety net" and a comprehensive "relaunch strategy" today, aimed at supporting sectors adversely affected by the recent US trade duties. This announcement comes as a direct response to the challenges posed by the new American policies.

Economy Minister Carlos Cuerpo highlighted Spain's commitment to dialogue with the US, despite expressing strong disapproval of the tariffs, which include a 20% levy on EU members. The detailed protective measures will be part of a broader contingency framework to be unveiled at the Moncloa Palace.

Key Points: The EU's existing response measures will be supplemented by Spain's own initiatives, showcasing a united front against the economic pressures imposed by the US tariffs.