EU Plans Coordinated Response to Trump's 20% Tariffs

In response to U.S. President Donald Trump's announcement of a 20% tariff on EU imports, European leaders are preparing countermeasures while remaining open to negotiations. European Commission President Ursula von der Leyen described the tariffs as a significant threat to global businesses and consumers, potentially leading to increased costs of living. Various EU officials, including Dublin MEP Aodhán Ó Ríordáin, have condemned the tariffs as economically disastrous, urging a united European response to protect jobs and businesses. Cork Chamber expressed concern over the impact on regional economies, emphasizing the need for a coordinated EU approach to mitigate the effects on vulnerable sectors. The EU is finalizing its first package of retaliatory measures, with additional steps planned if negotiations fail. Despite the tensions, European leaders hope to find a diplomatic solution to avoid escalating the trade conflict.