Overview

• The US has implemented a sweeping tariff package, including a 20% tariff on EU goods, causing global market disruptions.
• EU Trade Commissioner Maroš Šefčovič criticized the tariffs as harmful and unjustified during discussions with US officials, emphasizing the need for fair negotiations.
• European Commission President Ursula von der Leyen confirmed that the EU is preparing countermeasures to protect its economic interests if talks fail.
• Manfred Weber, leader of the European People's Party, called for completing trade agreements with South America and India as strategic responses to US policies.
• Weber also warned against closer alignment with China, asserting that Europe must maintain its independent global trade leadership.