EU Warns Countermeasures as US Plans 30% Tariffs on European Goods

President Donald Trump announced a 30% tariff on key US trading partners, the European Union and Mexico, set to begin August 1, citing issues such as illicit narcotics flow and trade imbalances. In response, European Commission President Ursula von der Leyen criticized the tariffs as disruptive to vital transatlantic supply chains, affecting businesses, consumers, and patients, particularly highlighting concerns for the pharmaceutical sector. Von der Leyen emphasized the EU's commitment to dialogue and negotiation until the August deadline, while also warning that the EU is prepared to adopt proportionate countermeasures to protect its interests if an agreement is not reached. She underscored the EU's openness and adherence to fair trade practices, countering claims that the EU is a closed market. The EU had been informed of the tariff plans in advance but expressed disappointment at the escalation and reaffirmed its readiness to continue seeking a negotiated solution. The situation has increased tensions in transatlantic trade relations, with both sides preparing for potential retaliatory actions.