The EU states that the 30% US tariff is detrimental to both parties' interests, and it will take retaliatory measures if necessary.
BlockBeats News, July 13th. On July 12th local time, European Commission President von der Leyen made a statement in response to a letter from U.S. President Trump. The letter outlined revised tariff rates and a new schedule. The statement noted that the U.S. imposition of a 30% tariff on EU exports would disrupt a key transatlantic supply chain, harming the interests of businesses, consumers, and patients on both sides. Globally, few economies can rival the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving differences with the U.S. through negotiation. The EU remains ready to work towards an agreement by August 1st. In the meantime, all necessary measures will be taken to safeguard the EU's interests, including adopting proportionate retaliatory measures when needed. The EU will also continue to deepen global partnerships, firmly rooted in rule-based international trade principles. (CCTV)
You may also like
Gainers
Latest Crypto News
S&P 500 Index Strategy Underperformance
Economists Raise U.S. Next-Year Economic Growth Outlook, Expect Fed to Slow Rate Cut Pace
MegaETH: USDm Pre-Deposit Channel will open today at 10:00 PM, with a limit of $250 million
A Whale Long Position with 3x Leverage on over 170 million MON Tokens, Currently Realizing a Floating Profit of $654,000
Popular Whale Movements Overview: "BTC OG Insider Whale" Goes Long on ETH, "Ultimate Short" Raises BTC Short Liquidation Price to $94,000
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]