Ursula von der Leyen (CDU, r), President of the European Fee, stands within the plenary chamber of the European Parliament.
Philipp von Ditfurth | Image Alliance | Getty Photos
The European Union plans to retaliate towards the USA for brand new metal and aluminum tariffs.
“Unjustified tariffs on the EU won’t go unanswered—they may set off agency and proportionate countermeasures,” European Fee President Ursula von der Leyen stated in a assertion late Monday.
The assertion comes after U.S. President Donald Trump signed an govt order to impose 25% tariffs on metal and aluminum. Shares of American steelmakers rallied sharply on Monday following the order.
Tariffs are successfully a tax paid to import into a rustic. The newest tariffs might elevate the value of international metal, and thereby assist to help U.S. metal producers. Von der Layen referred to as tariffs “dangerous for enterprise, worse for shoppers.”
Trump has taken an aggressive strategy with tariffs early in his second tenure within the White Home. He has already ordered after which delayed broad tariffs on Canada and Mexico.
Reuters has reported that von der Leyen is scheduled to fulfill U.S. Vice President JD Vance on Tuesday.
