Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Cheer up, people of Gaza! You’ll get killed on a full stomach | Israel-Palestine conflict
    • Is Nikola Jokic fed up with Nuggets?
    • Urgent adder warning issued: Are the snakes in London and how dangerous are they?
    • Countries ponder signing non-binding deals with a trustless US president
    • McCarthy Blasts Republicans for Delaying Trump’s ‘One Big Beautiful Bill’ | The Gateway Pundit
    • Israel kills 20 Palestinians in airstrikes after agreeing to let some aid into Gaza
    • Tens of thousands march in the Netherlands to protest against Gaza genocide | Gaza News
    • Two-time Gold Glove winner announces retirement
    News Study
    Monday, May 19
    • Home
    • World News
    • Latest News
    • Sports
    • Politics
    • Tech News
    • World Economy
    • More
      • Trending News
      • Entertainment News
      • Travel
    News Study
    Home»Trending News

    EU leaders vow ‘firm’ response to US tariffs

    Team_NewsStudyBy Team_NewsStudyFebruary 11, 2025 Trending News No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    BRUSSELS: EU chief Ursula von der Leyen vowed on Tuesday (Feb 11) to retaliate firmly towards US President Donald Trump’s determination to impose tariffs on metal and aluminium imports.

    German Chancellor Olaf Scholz additionally mentioned the European Union would current a united entrance and “act collectively as the most important market on the earth”.

    Trump signed govt orders to impose 25 per cent tariffs on steel and aluminium imports from Mar 12, regardless of warnings from Europe and China.

    “I deeply remorse the US determination to impose tariffs on European metal and aluminium exports,” European Fee president von der Leyen mentioned in a press release.

    “Unjustified tariffs on the EU is not going to go unanswered – they’ll set off agency and proportionate countermeasures. The EU will act to safeguard its financial pursuits. We’ll shield our employees, companies and customers,” she added.

    EU commerce chief Maros Sefcovic mentioned it was “a lose-lose state of affairs”, warning that tariffs had been “economically counterproductive”.

    “By imposing tariffs, the US will likely be taxing its personal residents, elevating prices for its personal enterprise, and fuelling inflation,” he instructed the EU parliament in Strasbourg, France.

    In a single govt order, Trump mentioned: “As of Mar 12, 2025, all imports of aluminium articles and by-product aluminium articles from Argentina, Australia, Canada, Mexico, EU nations, and the UK shall be topic to the extra advert valorem tariff.”

    He issued a separate order for metal, which mentioned it could apply to all imports from the identical nations the aluminium tariffs hit, in addition to to Brazil, Japan and South Korea.

    The US president indicated additional further customs duties may very well be on the best way for vehicles, prescribed drugs and pc chips.

    His newest orders will really feel like deja vu for Europe.

    In 2018, Trump slapped tariffs throughout his first presidency on metal and aluminium exports – forcing the EU to reply with its personal increased duties.

    The American Chamber of Commerce to the EU additionally mentioned on Tuesday that it opposed Trump’s determination, warning it could “have a wide-reaching and overwhelmingly adverse influence on jobs, prosperity and safety on either side of the Atlantic”.



    Source link

    Team_NewsStudy
    • Website

    Keep Reading

    Israel kills 20 Palestinians in airstrikes after agreeing to let some aid into Gaza

    China fully respects Denmark’s sovereignty on Greenland, foreign minister says

    Pope Leo XIV meets President Zelenskyy, recalls ‘martyred Ukraine’

    Markets drop after US loses last triple-A credit rating

    Britain poised to reset trade and defence ties with EU

    Russia launches war’s largest drone attack ahead of Putin-Trump call

    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks

    Cheer up, people of Gaza! You’ll get killed on a full stomach | Israel-Palestine conflict

    May 19, 2025

    Is Nikola Jokic fed up with Nuggets?

    May 19, 2025

    Urgent adder warning issued: Are the snakes in London and how dangerous are they?

    May 19, 2025

    Countries ponder signing non-binding deals with a trustless US president

    May 19, 2025

    McCarthy Blasts Republicans for Delaying Trump’s ‘One Big Beautiful Bill’ | The Gateway Pundit

    May 19, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    About us

    Welcome to NewsStudy.xyz – your go-to source for comprehensive and up-to-date news coverage from around the globe. Our mission is to provide our readers with insightful, reliable, and engaging content on a wide range of topics, ensuring you stay informed about the world around you.

    Stay updated with the latest happenings from every corner of the globe. From international politics to global crises, we bring you in-depth analysis and factual reporting.

    At NewsStudy.xyz, we are committed to delivering high-quality content that matters to you. Our team of dedicated writers and journalists work tirelessly to ensure that you receive the most accurate and engaging news coverage. Join us in our journey to stay informed, inspired, and connected.

    Editors Picks

    Israel bombardment has killed 40,000 Palestinians as Gaza ceasefire talks underway

    August 16, 2024

    Justin Tucker dethroned as most accurate kicker in history

    November 18, 2024

    Russia-Ukraine war: List of key events, day 1,121 | Russia-Ukraine war News

    March 21, 2025

    IEEE standard offers 6 steps for AI system procurement

    May 15, 2025
    Categories
    • Entertainment News
    • Latest News
    • Politics
    • Sports
    • Tech News
    • Travel
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms & Conditions
    • About us
    • Contact us
    Copyright © 2024 Newsstudy.xyz All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.