Quotes
These tariffs, along with the EU's announced countermeasures, will only harm jobs, prosperity and security on both sides of the Atlantic,
warned Malte Lohan, CEO of the American Chamber of Commerce to the EU
Additional US tariffs... are a lose-lose for both sides of the Atlantic,
said Markus J Beyrer of EU-wide lobby group BusinessEuropeFor the first time, these rebalancing measures will be implemented in full. Tariffs will be applied on products ranging from boats to bourbon to motorbikes,
the commission saidWe firmly believe that in a world fraught with geopolitical and economic uncertainties, it is not in our common interest to burden our economies with tariffs,
von der Leyen said
I argued to avoid the unnecessary burden of measures and countermeasures, but you need a partner for that. You need both hands to clap,
Šefčovič told reporters at the European Parliament in Strasbourg, FranceWe deeply regret this measure. Tariffs are taxes. They are bad for business, and even worse for consumers. These tariffs are disrupting supply chains. They bring uncertainty for the economy,
she saidThe two sides must de-escalate and find a negotiated outcome urgently,
the chamber said WednesdayJobs are at stake. Prices will go up. In Europe and in the United States.”
Trump saidWe deeply regret this measure,
European Commission President Ursula von der Leyen said in a statement Wednesday
We jointly identified the few areas that would allow us to move forward by fostering a mutual benefit,
he told reporters in BrusselsWe will keep all options on the table and won't hesitate to respond in the national interest,
Reynolds said,
We will always remain open to negotiation,
von der Leyen said in a statement.jpg)
It has been foreshadowed that no country regardless of its relationship with the United States has been granted an exemption. Such a decision by the Trump administration is entirely unjustified,
Albanese saidIt will further worsen the situation of the European steel industry, exacerbating an already dire market environment,
Adam saidWe have the means to go further, if we want,
Haddad told TF1 TV
For example, if it came to a situation where we had to go further, digital services or intellectual property could be included,
he addedWhere we stand now is with a heightened concern about the U.S. economy, not having yet taken our model forecast down, but having put in a roughly 40% recession risk into the outlook for the year,
J.P. Morgan chief global economist Bruce Kasman told reporters in SingaporeWe’ve been very clear that when it comes to the UK steel industry we remain prepared to defend the UK’s national interest where it’s right to do so. But we will continue to take a cool-headed approach.”
A No 10 spokesperson said
The European Union must act to protect consumers and business,
Von der Leyen addedThese tariffs couldn’t come at a worse time for the UK steel industry, as we battle with high energy costs and subdued demand at home, against an oversupplied and increasingly protectionist global landscape. What’s more, the EU is also pushing ahead with trade restrictive action that will amplify the impact of US tariffs.”
He added