EU's Bold Move on Tariffs

European Commission President Ursula von der Leyen announced a groundbreaking proposal to the United States: "zero-for-zero" tariffs on industrial goods. This initiative marks a significant step towards reducing trade barriers between the two economic powerhouses.

Prepared for All Outcomes

During a press conference, Von der Leyen emphasized the EU's readiness to negotiate a "good deal" but also its preparedness to implement countermeasures if necessary. The establishment of an "Import Surveillance Task Force" was revealed as a strategic move to safeguard the EU's interests against indirect tariff effects.

Strengthening the Single Market and Diversifying Trade

The EU is not only focused on responding to US tariffs but also on strengthening its single market and diversifying its trade relationships. Von der Leyen highlighted the bloc's intention to concentrate on the 83% of global trade outside the US, signaling a broadened approach to international commerce.