EU Commission Pledges Swift Response to Trump's Tariffs

The European Union's executive branch has announced its intention to take strong and prompt measures against the tariffs imposed by U.S. President Donald Trump on steel and aluminum, which they consider unwarranted. Emphasizing that trade between the U.S. and the EU reaches approximately $1.5 trillion, constituting roughly 30% of global trade, the European Commission cautioned that these tariffs could escalate costs for businesses and consumers, potentially hindering growth and sparking inflation.