Ursula von der Leyen voiced the EU’s position on Trump’s tariffs

European Commission President Ursula von der Leyen made a statement during a visit to Uzbekistan in response to the United States’ imposition of a 20% tariff on European goods.

According to her, on the air of the European Broadcasting Service, the Donald Trump administration has dealt a major blow to the global economy, which “will have huge negative consequences for millions of people.” The European Union regrets this decision.

According to von der Leyen, large and small businesses “will suffer from the first day the tariffs come into force.” The head of the European Commission stressed that she does not consider tariffs, which lead to an inevitable increase in prices, an effective means of combating injustice in global trade.

The EU “is ready to respond and is already finalizing the first package of countermeasures.” However, Brussels believes that it is not too late to resolve controversial issues through negotiations, “removing barriers, not setting them up.”

Von der Leyen assured that the European Commission would work closely with industries suffering losses due to US tariffs and promised that “the EU will have everything it needs to weather this storm.”

Tags: EU, USA