The European Union has issued a strong warning to the United States regarding the new tariffs imposed by the Trump administration. European Commission President Ursula von der Leyen emphasized that the EU “holds a lot of cards” when it comes to dealing with these tariffs and has a solid plan in place to retaliate if necessary.
President Trump has announced plans to implement taxes on imports from other countries, with the aim of reducing reliance on foreign goods. He has also pledged to impose “reciprocal” tariffs to match the duties charged by other countries on U.S. products, declaring April 2 as “Liberation Day.”
Von der Leyen made it clear that Europe did not initiate this confrontation but is prepared to respond firmly if needed. The European Commission, which represents the 27 member countries of the EU, is responsible for negotiating trade deals and managing trade disputes on their behalf.
She highlighted the strength of Europe’s position, citing factors such as trade, technology, and the size of the market. Von der Leyen stated, “Europe holds a lot of cards, but this strength is also built on our readiness to take firm countermeasures if necessary. All instruments are on the table.”
In response to Trump’s steel and aluminum tariffs, the EU plans to impose duties on U.S. goods totaling approximately $28 billion in mid-April. These duties will target a range of products, including steel, aluminum, textiles, home appliances, and agricultural goods.
Despite the EU’s preparedness to retaliate, von der Leyen expressed a desire to find a constructive solution to the trade dispute. She acknowledged the importance of the trade relationship between the EU and the U.S., stressing that both parties would benefit from a positive resolution.
As the situation unfolds, the EU will continue to monitor the impact of Trump’s tariffs before deciding on any further actions. The uncertainty surrounding the implementation of these tariffs underscores the need for careful assessment and strategic response from both sides to avoid escalating tensions.