Tag #Eu Response

Showing 13 to 24 of 38 results

kathimerini.gr

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Apr 7, 16:10

EU Divided on Response to US Tariffs

EU ministers are meeting in Luxembourg to coordinate their response to US tariffs on steel, aluminum, and automobiles, with divisions emerging between countries favoring immediate retaliation and those prioritizing negotiations. The Commission will announce initial retaliatory measures on April 15th...

EU Divided on Response to US Tariffs

EU ministers are meeting in Luxembourg to coordinate their response to US tariffs on steel, aluminum, and automobiles, with divisions emerging between countries favoring immediate retaliation and those prioritizing negotiations. The Commission will announce initial retaliatory measures on April 15th...

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How are internal disagreements within the EU shaping its response to the US tariffs?

The meeting highlights a division within the EU; France, Germany, and Belgium favor a strong, immediate response including countermeasures targeting US services, while Italy, Hungary, and Latvia prefer to avoid escalating the trade war. Spain advocates for both negotiations and the availability of all response options, including the EU's anti-coercion instrument. This division reflects differing economic interests and risk tolerances among member states.

welt.de

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Apr 5, 16:11

Trump's Tariffs Prompt EU Countermeasures

On Thursday, following President Trump's announcement of new tariffs on EU imports, totaling €380 billion, EU Commission President von der Leyen announced that the EU would take countermeasures, with options ranging from retaliatory tariffs to measures against US tech giants.

Trump's Tariffs Prompt EU Countermeasures

On Thursday, following President Trump's announcement of new tariffs on EU imports, totaling €380 billion, EU Commission President von der Leyen announced that the EU would take countermeasures, with options ranging from retaliatory tariffs to measures against US tech giants.

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What immediate economic consequences will result from Trump's newly announced tariffs on EU goods?

President Trump announced tariffs on all imports, impacting the EU with a 20% levy and China with 34%, significantly impacting global trade. The EU is preparing countermeasures, but their exact nature remains undisclosed. This unprecedented move necessitates a strong response from the EU.

elpais.com

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Apr 5, 01:19

EU Criticizes New US Tariffs, Weighs Retaliatory Measures

The European Union is deeply concerned about new US tariffs on European goods, ranging from 20% to 25%, announced while EU Vice President Ribera was in Washington, and is analyzing potential responses, including retaliatory tariffs, while prioritizing the protection of European consumers and busines...

EU Criticizes New US Tariffs, Weighs Retaliatory Measures

The European Union is deeply concerned about new US tariffs on European goods, ranging from 20% to 25%, announced while EU Vice President Ribera was in Washington, and is analyzing potential responses, including retaliatory tariffs, while prioritizing the protection of European consumers and busines...

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What are the EU's arguments against the basis for these US tariffs?

The EU's concern stems from the belief that these tariffs negatively affect the global economy, including the US. The EU argues that the tariffs are based solely on trade imbalances, not other factors like discriminatory legislation. The EU is analyzing the situation to determine an appropriate response.

fr.euronews.com

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Apr 4, 01:18

Macron Condemns Trump Tariffs, Urges EU Investment Halt

French President Emmanuel Macron denounced Donald Trump's imposition of significant tariffs on numerous countries as "brutal and unfounded," urging a pause on European investments in America until the situation clarifies, while highlighting potential retaliatory measures and the risk of Asian nation...

Macron Condemns Trump Tariffs, Urges EU Investment Halt

French President Emmanuel Macron denounced Donald Trump's imposition of significant tariffs on numerous countries as "brutal and unfounded," urging a pause on European investments in America until the situation clarifies, while highlighting potential retaliatory measures and the risk of Asian nation...

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How does President Macron's criticism of President Trump's rationale for tariffs challenge established economic theories?

Macron's statement reflects broader concerns within the EU about Trump's trade policies. The EU had a €156.6 billion surplus with the US on goods in 2023, a fact Macron used to challenge the claim that tariffs correct trade imbalances. He also highlighted the potential for massive economic consequences for Europe across all sectors.

bbc.com

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Apr 3, 22:14

Trump's 20% Tariff on EU Goods Sparks Condemnation and Retaliation

President Trump's announcement of a 20% tariff on European goods triggered immediate condemnation from EU leaders, who are preparing retaliatory tariffs while simultaneously seeking negotiations; the move is expected to severely impact various European industries and economies.

Trump's 20% Tariff on EU Goods Sparks Condemnation and Retaliation

President Trump's announcement of a 20% tariff on European goods triggered immediate condemnation from EU leaders, who are preparing retaliatory tariffs while simultaneously seeking negotiations; the move is expected to severely impact various European industries and economies.

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What are the potential long-term economic and geopolitical consequences of this trade dispute for the EU and its member states?

The long-term consequences of this trade dispute remain uncertain, but several sectors face significant challenges. Italy's agri-food and wine industries, for example, could lose billions of euros and face increased competition from imitations. Smaller businesses, particularly in countries like Slovakia and Norway, will likely bear the brunt of the economic fallout, with potential for significant job losses and diminished economic growth.

elpais.com

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Apr 3, 10:12

EU Warns of Global Economic Fallout from US Tariffs

The EU is preparing countermeasures against massive US tariffs on imports, warning of global inflation and economic disruption, particularly in poorer countries, while prioritizing negotiation and diversification of trade partners.

EU Warns of Global Economic Fallout from US Tariffs

The EU is preparing countermeasures against massive US tariffs on imports, warning of global inflation and economic disruption, particularly in poorer countries, while prioritizing negotiation and diversification of trade partners.

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What are the long-term implications of this trade dispute for the global trading system and the EU-US relationship?

The conflict could severely disrupt the global trade system, leading to inflation, economic instability, and potentially realigning global trade partnerships away from the US. China, already facing high tariffs, may redirect exports towards Europe. The EU's unity will be crucial in navigating this complex situation.

kathimerini.gr

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Apr 7, 16:10

EU to pursue measured response to US tariffs, prioritizing negotiations

EU trade ministers are planning a measured response to US tariffs on steel, aluminum, and autos, focusing on negotiations while preparing targeted countermeasures against $28 billion in US imports; Spain has pledged €14.1 billion in aid to affected industries.

EU to pursue measured response to US tariffs, prioritizing negotiations

EU trade ministers are planning a measured response to US tariffs on steel, aluminum, and autos, focusing on negotiations while preparing targeted countermeasures against $28 billion in US imports; Spain has pledged €14.1 billion in aid to affected industries.

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What is the EU's planned response to the US tariffs, and what are its immediate implications?

The EU is planning a measured response to US tariffs, focusing on negotiations rather than immediate retaliation, according to Irish Trade Minister Simon Harris. Spain has already pledged €14.1 billion in aid to counter the impact on its industries. Digital services are unlikely to be targeted initially.

euronews.com

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Apr 5, 07:18

EU Urges Strong Retaliation Against New US Tariffs

The EU faces new 20% US tariffs, prompting a former top trade official to advocate for proportionate retaliatory tariffs on non-essential US goods, leveraging the anti-coercion instrument and targeting services to pressure US big tech and financial firms.

EU Urges Strong Retaliation Against New US Tariffs

The EU faces new 20% US tariffs, prompting a former top trade official to advocate for proportionate retaliatory tariffs on non-essential US goods, leveraging the anti-coercion instrument and targeting services to pressure US big tech and financial firms.

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What is the immediate impact of the 20% US tariffs on EU goods, and what specific retaliatory measures are proposed by the former EU trade chief?

The EU faces 20% US tariffs on various goods. A former EU trade chief urges retaliatory measures targeting non-essential US products to minimize EU harm while maximizing economic and political pressure on the US.

euronews.com

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Apr 4, 07:15

EU Prepares Countermeasures to US Tariffs

On Wednesday, the US imposed a 20% tariff on EU goods, prompting the EU to prepare countermeasures including tariffs on US goods and services, while expressing hope for negotiations.

EU Prepares Countermeasures to US Tariffs

On Wednesday, the US imposed a 20% tariff on EU goods, prompting the EU to prepare countermeasures including tariffs on US goods and services, while expressing hope for negotiations.

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What immediate economic consequences will result from the US imposing a 20% tariff on EU goods?

The US imposed a 20% tariff on EU goods, prompting the EU to prepare countermeasures to protect its interests and businesses. The EU is finalizing a package addressing steel tariffs and preparing further actions if negotiations fail. This follows a 10% tariff on all countries, with automobiles facing a 25% tariff.

es.euronews.com

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Apr 4, 07:15

Spain Unveils €14.1 Billion Plan to Counter US Tariffs

Spain and the European Union unveiled a €14.1 billion plan to counter US tariffs on European goods, focusing on protecting businesses and jobs while advocating for a unified and proportionate EU response.

Spain Unveils €14.1 Billion Plan to Counter US Tariffs

Spain and the European Union unveiled a €14.1 billion plan to counter US tariffs on European goods, focusing on protecting businesses and jobs while advocating for a unified and proportionate EU response.

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How does Spain's response to these tariffs reflect broader concerns about global trade and the role of the EU?

The US decision to impose tariffs is framed by Spain as an attack on global trade, rejecting claims of unfair European tariffs. Spain's response prioritizes a unified EU strategy, including potential counter-tariffs and market reforms, while simultaneously offering financial aid for impacted Spanish businesses and workers. This approach balances defensive measures with proactive economic adjustments.

dw.com

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Apr 3, 16:15

Trump's Tariffs Threaten German Economy

Germany's export industry faces a potential economic downturn due to Trump's global tariff increases, with projected losses of billion Euros and 150,000 jobs; the EU is urged to implement countermeasures and seek new trade agreements.

Trump's Tariffs Threaten German Economy

Germany's export industry faces a potential economic downturn due to Trump's global tariff increases, with projected losses of billion Euros and 150,000 jobs; the EU is urged to implement countermeasures and seek new trade agreements.

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What are the immediate economic consequences for Germany and the EU resulting from Trump's global tariff increases?

Germany's export-oriented industries view Trump's global tariff offensive as the start of a trade war, urging a unified EU response and new free trade agreements. The BGA warns of severe consequences for global trade and advocates for a strong EU counter-response.

dw.com

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Apr 3, 16:15

Trump's Tariffs Trigger Global Trade War, Hitting German Exports

Trump's tariff offensive triggers a global trade war, severely impacting Germany's €1.56 trillion export economy in 2024 (down 1% YoY), prompting calls for a unified EU response, new trade deals, and concern over potential job losses.

Trump's Tariffs Trigger Global Trade War, Hitting German Exports

Trump's tariff offensive triggers a global trade war, severely impacting Germany's €1.56 trillion export economy in 2024 (down 1% YoY), prompting calls for a unified EU response, new trade deals, and concern over potential job losses.

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How might the EU effectively counter Trump's tariffs and mitigate their negative impacts on the German economy?

Trump's tariffs, impacting over 100 trading partners, are causing a global trade war, significantly affecting Germany's economic growth. The EU's response must be swift and unified, including countermeasures and new free trade agreements to reduce reliance on the US. The IW Cologne estimates a potential 0.4% annual economic decline and 150,000 job losses by the end of Trump's term if the conflict escalates.

Showing 13 to 24 of 38 results