European Commission President Ursula von der Leyen has expressed concern and disappointment over the new U.S. tariffs on EU car exports.
Economic Impact
The 25% import tax on European cars and auto parts, announced by U.S. President Donald Trump, is expected to significantly disrupt trade between the two economic powers. Trump argues the move will boost American jobs and investments, but EU officials warn it will harm both businesses and consumers on both sides of the Atlantic.
EU’s Response
Von der Leyen emphasized that the EU will pursue negotiations while protecting its economic interests. However, tensions are rising, and a trade conflict between the U.S. and the EU now seems increasingly likely.
