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EU chief von der Leyen vows countermeasures to US tariffs
Hindustan Times Ranchi
|February 12, 2025
European Union chief Ursula von der Leyen vowed on Tuesday that US tariffs on steel and aluminum "will not go unanswered", adding that they will trigger tough countermeasures from the 27-nation bloc.
BRUSSELS:
"The EU will act to safeguard its economic interests," von der Leyen said in a statement in reaction to US President Donald Trump's imposition of tariffs on steel and aluminum the previous day.
"Tariffs are taxes - bad for business, worse for consumers," von der Leyen said. "Unjustified tariffs on the EU will not go unanswered - they will trigger firm and proportionate countermeasures."
In Germany, home to the EU's largest economy, Chancellor Olaf Scholz told parliament that "if the US leaves us no other choice, then the European Union will react united," adding that "ultimately, trade wars always cost both sides prosperity".
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