The European Union will unveil countermeasures to U.S. President Donald Trump’s latest tariffs if negotiations with the White House stall, European Commission President Ursula von der Leyen said on April 2, as leaders around the world responded to the new levies.
Trump on Wednesday unveiled a 10 percent minimum reciprocal tariff on most goods imported to the United States, while imposing a higher 20 percent levy on the European Union.
He said the tariffs were designed to help rebuild the U.S. economy and prevent cheating.
In a statement read out in Uzbek city Samarkand, von der Leyen said the newly unveiled tariffs were “a major blow to the world economy” that will have “immense consequences.”...
