EU reacts to new US customs tariffs! Preparing for retaliation...

The new customs tariffs announced by United States (US) President Donald Trump have created a major impact. Reactions from the European Union (EU) and the People's Republic of China are seen as signs that tensions will rise in the coming period. The EU is also preparing for retaliation...

EU TAKES ACTION

European Commission President Ursula von der Leyen announced that Europe would take action against the US decision in question. Leyen stated that the tariffs announced by US President Trump would negatively affect not only transatlantic relations but the entire global economy.
Von der Leyen noted the following: “Such reciprocal tariffs increase prices and raise costs in many areas, from medicine to transportation. Inflation becomes inevitable. As the EU, we are determined to protect our interests. Trump must be open to negotiation in this process. Our first countermeasure package for steel products is ready. If dialogue does not yield results, we will take new steps."

HARSH STATEMENT FROM CHINA

There was also a very harsh reaction from China to the new US tariffs. The Chinese Ministry of Commerce described this practice as "unilateral bullying." In the statement, which said, "This decision will not only harm the US economy, but will also threaten global supply chains and economic balance," the Beijing administration called on the US to cancel the tariffs and resolve trade disputes through dialogue. The statement also drew attention with the phrase, "History has shown that there are no winners in trade wars."

NEW TARIFFS TO TAKE EFFECT ON APRIL 5:

US President Trump announced the new tariffs that will take effect from April 5 as follows:

China: %34

European Union: %20

Vietnam: %46

Taiwan: %32

India: %26

Japan: %24

News Source: 12punto