Spain's Response to US Tariffs

In a bold move to counter 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, as disclosed by Economy Minister Carlos Cuerpo.

Details of the Contingency Plan

The specifics of these protective measures will be outlined in a contingency framework, to be announced by Sanchez at the Moncloa Palace. This plan is designed to complement the European Union's existing countermeasures against the US tariffs.

Seeking Dialogue Amid Disapproval

While Madrid expresses its openness to discussions with the White House, Cuerpo voiced strong disapproval of the new American policies. These policies impose 20% tariffs on European Union members, including Spain, marking a significant escalation in trade tensions.