
The European Union is preparing further countermeasures against U.S. tariffs if negotiations fail, according to European Commission President Ursula von der Leyen. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. President Donald Trump had imposed 20% tariffs on the bloc on Wednesday. Speaking on a livestreamed broadcast, von der Leyen said that Trump’s move was a “major blow” to the world economy.
Main Idea: The European Union says it is ready to add more countermeasures against U.S. tariffs if talks with the Trump administration do not lead to a deal.
Key Points:
EU countertariffs and US tariffs could raise prices for American households and squeeze small businesses that rely on imported parts or export sales.
No clear positive impact identified.
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Central actor preparing countermeasures and responding to the U.S. tariffs.
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Central country in the tariff dispute and the target of the EU’s threatened countermeasures.
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