Ursula von der Leyen, the President of the European Commission, has expressed her concerns regarding the recent universal tariffs imposed by U.S. President Donald Trump. According to von der Leyen, these tariffs represent a significant setback for the global economy, predicting substantial hardships ahead: “This is a major blow to the world economy, which will suffer tremendously.”
President Trump has announced a new minimum tariff of 10% on most goods imported into the United States, with an even steeper 20% tariff on imports from the European Union. This move has escalated a global trade conflict, one that many fear could lead to increased inflation and hinder both U.S. and global economic growth.
Von der Leyen warned that the repercussions of these tariffs could be severe for millions worldwide, particularly impacting the most vulnerable populations. She stated, “The consequences will be dire for millions, and I deeply regret this move by the U.S.”
However, she acknowledged that there are valid concerns about how certain countries have exploited existing international trading rules. “I agree with President Trump that some nations have taken advantage,” von der Leyen shared, emphasizing the EU’s willingness to negotiate meaningful changes. Yet she cautioned, “Reaching for tariffs as your first and last tool will not fix the problem.”
The EU has consistently expressed its readiness to negotiate with the U.S. to remove outstanding barriers to transatlantic trade. Von der Leyen emphasized this commitment, noting that Vice President and Trade Commissioner Maroš Šefčovič is in ongoing discussions with U.S. counterparts to seek viable solutions. “We will always protect our interests and values,” she stated, affirming the EU’s commitment to both dialogue and action.
In light of Trump’s announcement of a 20% tariff on EU goods, von der Leyen made it clear that Europe stands prepared to respond with countermeasures should negotiations fail. “We have finalized a package in response to the already imposed 25% tariffs on steel and aluminum,” she remarked, revealing ongoing preparations for further responses to the new tariffs. “We will not accept dumping on our market,” she added, underscoring the EU’s resolve.
Nevertheless, she reiterated that “it is not too late to address concerns through negotiations,” stressing the importance of dialogue over confrontation.
In a related discussion, Italian Prime Minister Giorgia Meloni criticized the U.S. tariffs, describing them as “wrong and detrimental to both parties.” She emphasized the need for a collaborative solution, warning that a trade war would inevitably weaken the West. “We will do everything possible to work for an agreement with the United States,” she pledged, highlighting Italy’s commitment to its economy and strategic partnerships within Europe.
Italian Foreign Minister Antonio Tajani is set to meet with EU trade chief Šefčovič in Brussels to discuss collaborative responses, emphasizing a pragmatic approach: “We need a response based on dialogue,” he asserted, advocating for constructive negotiations that address U.S. concerns while safeguarding European interests.
As we see these unfolding events, it remains crucial for both the EU and the U.S. to engage in meaningful dialogue, aiming to foster cooperation rather than conflict in the realm of international trade.
Edited By Ali Musa
Axadle Times International – Monitoring.
