In this post: Senior European officials confirm that Europe will respond to President Trump's proposed tariffs with a proportionate response.
President Trump has repeatedly threatened to impose tariffs on goods from the EU to the U. S.
President Trump has also promised to impose additional 10 percent tariffs on imports from China starting Feb. 1.
the European Union Commissioner for Economic Affairs confirmed the response to President Trump's imposition of tariffs on EU imports. The top economic official said that the EU is ready to defend its economic interests and will respond accordingly.
the Trump administration continues to threaten the EU with tariffs as part of a protectionist trade initiative against the U. S. economy.
However, European Union Economic Affairs Commissioner Valdis Dombis confirmed the response to the imposition of tariffs on imports from EU countries. European Union Economic Commissioner Valdis Dombrovskis told CNBC that the EU is ready to launch retaliatory measures to President Trump's proposed tariffs on imports from the region. Dombrovskis emphasized that if necessary, the EU will defend its values, rights and interests.
President Trump has threatened to impose tariffs on EU exports to the U. S.
President Trump has consistently threatened to impose tariffs on U. S. imports from the EU since taking office on Jan. 20. He has continually threatened to impose tariffs on U. S. imports from the EU since taking office on Jan. 20. President Trump has told reporters that Europe treats the US "very, very badly" and that imposing tariffs is a way for the US to get justice.
In 2023, the EU exported more than 502 billion worth of goods to the US. According to the European Commission, imports exceeded 340 billion euros, resulting in a surplus.
In my first
#interview at WEF
#Davos2025 with @CNBC, I talked about why trade tariffs should be avoided and that democracies, especially the EU and the U. S. , should cooperate.
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