Austria Urges EU to Retaliate Against Trump Tariffs
Austria Urges EU to Retaliate Against Trump Tariffs

Austria Urges EU to Retaliate Against Trump Tariffs

News summary

In response to President Donald Trump's imposition of a 20% tariff on EU goods, Czech Foreign Minister Jan Lipavský has urged the EU to negotiate with the U.S. while considering retaliatory measures, including purchasing more American gas. Austria's Economy Minister Wolfgang Hattmannsdorfer is now advocating for the EU to finalize its trade deal with Mercosur, reflecting a shift in perspective due to the tariffs. He also suggested targeting Republican-led U.S. states and tech companies in retaliation, emphasizing the need for a strategic response to Trump's policies. European Commission President Ursula von der Leyen has indicated that the EU is prepared to utilize various countermeasures if negotiations fail. The tariffs have disrupted transatlantic commerce, prompting EU leaders to reevaluate their trade strategies, including potential digital service taxes aimed at U.S. tech giants. This evolving situation illustrates the significant tension between the EU and the Trump administration over trade policies.

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Last Updated
16 days ago
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