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❤️   EU Retaliates After Trump Tariffs Take Effect, But UK Breaks With Europe And Refuses To Respond

politics

The EU has retaliated against Trump’s 25% tariffs on steel and aluminum just hours after they took effect at midnight New York time, escalating a trade war that has rattled financial markets and threatened the global economy. The European Commission said its measures would affect up to €26bn of American goods, matching the US tariffs on European exports, and would take effect in April, leaving some time to negotiate with Washington. European Commission president Ursula von der Leyen said the EU regretted Trump’s decision and that tariffs were “bad for business, and even worse for consumers" adding that “tariffs are disrupting supply chains.

ZeroHedge Opinion     Mar 12, 2025