European leaders are sounding the alarm after the U.S. announced sweeping new tariffs this week, threatening to escalate global trade tensions. President Donald Trump’s 20% levy on EU imports—and even higher rates for allies like Switzerland—sparked sharp pushback, with EU Commission chief Ursula von der Leyen calling it a 'major blow to the world economy.'
Brussels is prepping countermeasures but hasn’t closed the door on talks. 'It’s not too late for negotiations,' von der Leyen said, urging a 'cool-headed' response. Germany and France echoed the sentiment, with French officials vowing to retaliate by targeting U.S. digital services if needed.
Meanwhile, UK PM Keir Starmer—fresh from a post-Brexit reset—promised to 'fight for Britain’s interests' while avoiding chaotic trade wars. 'Nobody wins here,' he warned. Italy’s Giorgia Meloni took a darker view, arguing Trump’s moves could 'weaken the West' and boost rival global powers.
Industry leaders are equally worried. Germany’s auto sector warned tariffs 'create only losers,' while chemical producers urged the EU to avoid an economic 'spiral of escalation.' Even Switzerland’s president called the 31% tariff hike 'unacceptable,' pledging a swift response.
With Trump’s latest levies now active, all eyes are on Brussels. Will negotiations cool the fire—or will this spark a full-blown trade war? Stay tuned.
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Europe hits out at Trump tariffs, warns it will hurt the world economy
cgtn.com