EU Has 'Strong Plan' To Tackle Trump Tariffs, Von Der Leyen Says

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

- Edith Hancock

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said. "Europe has not started this confrontation," she said Tuesday in Strasbourg, France. "We do not necessarily want to retaliate, but we have a strong plan to retaliate if necessary."

Von der Leyen said the bloc is waiting for announcements Wednesday on U.S. tariffs, adding that policymakers will assess them carefully to calibrate a response. She said more tariffs would only fuel inflation, which is "exactly the opposite of what we want to achieve."