Transatlantic trade tensions hit boiling point this week as European leaders vowed retaliation against U.S. President Donald Trump’s proposed 25% tariffs on EU imports. The move, dubbed a 'threat to economic sovereignty,' has sparked fears of a full-blown trade war 🔥.
EU Leaders Unite Against Tariffs
European Commission spokesperson Olof Gill fired back, highlighting that U.S. businesses 'reap significant profits' from EU investments. 'Our single market reduces costs and boosts innovation—tariffs hurt everyone,' he said Thursday. Meanwhile, Spain’s Prime Minister Pedro Sánchez warned the EU is ready to adopt 'proportionate measures' to protect its interests, calling Trump’s isolationist stance a 'dangerous game.'
From Paris to Warsaw: A Continent Pushes Back
France’s defense and economy ministers urged a 'firm, immediate' response, while Polish PM Donald Tusk took to X to defend the EU’s founding principles: 'We exist to build peace and fair trade—not to screw anyone.' Italy’s industry leaders, however, demanded stronger action, with Confindustria President Emanuele Orsini calling Trump’s policies a bid to 'deindustrialize Europe.'
Calls for Unity Amid Rising Tensions
While Italy’s Adolfo Urso warned against a divided West, Sánchez emphasized the EU’s commitment to collaboration: 'Multilateral systems matter more than ever.' As Brussels prepares countermeasures, analysts warn of ripple effects on global markets—and your wallet 💸.
