The European Union is not under pressure to accept what it calls an unfair U.S. tariff deal. Facing a 25% levy on steel, aluminum, and cars—with a potential rise in tariffs on almost all products—the bloc is exploring every countermeasure to level the playing field.
Trade chief Maros Sefcovic told the European Parliament that "all options remain on the table," stressing that Washington must show a willingness to move toward a fair and balanced agreement. Meanwhile, other countries are reaching out to forge closer trade ties with the 27-nation bloc, signaling a shift in global economic alignments.
The EU is also bracing for possible import surges caused by trade diversion from the tariff wall, with a specialized task force set to unveil its first findings by mid-May.
Think of it as the EU leveling up its trade game—like grabbing a power-up in your favorite video game! 🚀 This bold stance is aimed at keeping global trade fair and balanced in an ever-evolving marketplace.
Reference(s):
EU mulls anti-tariff measures: 'All options remain on the table'
cgtn.com
