European Commission Criticizes US Tariffs and Warns of Retaliation

The European Commission expressed firm disapproval of the tariffs imposed by US President Donald Trump on goods from Canada, Mexico, and China. An EU spokesman stressed that open markets and adherence to international trade rules are vital for achieving sustainable economic growth. He argued that tariffs not only create unnecessary economic disruptions but also contribute to inflation, affecting all parties involved.

In a further statement, the EU made it clear that should any trading partner impose unfair tariffs on EU products, a robust response would follow. This warning comes in the context of an already tense transatlantic relationship, with both sides having a significant interest in maintaining a healthy trade and investment partnership. Amid ongoing negotiations aimed at preventing a full-blown trade conflict, the EU remains vigilant and ready to counteract any additional trade barriers.

Meanwhile, US actions have triggered immediate reactions from other major economies. China's Ministry of Commerce announced plans to file a complaint with the World Trade Organization and implement countermeasures to safeguard China's interests. Similarly, Canadian Prime Minister Justin Trudeau indicated that Canada would impose a levy on a substantial volume of American goods, while Mexican authorities have been instructed to implement both tariff and non-tariff measures to protect Mexico's economic interests.