European Union trade ministers are meeting to discuss how to respond to U.S. President Donald Trump’s threat of 30% tariffs on EU goods if no trade deal is reached by August 1. While the EU prefers a negotiated solution, it is preparing retaliatory measures in case talks fail. EU leaders, including Ursula von der Leyen, Emmanuel Macron, and Friedrich Merz, emphasized the need to defend European interests while continuing dialogue.
Concerns are growing across Europe about the impact of the potential tariffs. France warned of severe damage to its food and dairy sectors, and Germany said such tariffs would seriously hurt its export-driven economy. Italy cautioned that a trade war within the West would weaken all sides. Officials stressed that Trump’s tariffs would harm both American and European economies, and called for urgent efforts to avoid escalation.
Credit: CGTN
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