European Commission President Ursula von der Leyen (CDU, R) stood at the plenary meeting of the European Parliament.
Philip von Dietfos | Picture Alliance | Getty Images
The EU plans to impose new steel and aluminum tariffs on the United States.
“The EU’s unreasonable tariffs on the EU will not be answered – they will trigger companies and proportionate countermeasures,” said Ursula von von der Leyen, president of the European Commission. statement Monday night.
The statement comes after an executive order signed by U.S. President Donald Trump. 25% tariff On steel and aluminum. After orders, U.S. steelmaker stocks rallied sharply on Monday.
Tariffs are actually taxes that import goods into a country. The latest tariffs could increase the price of foreign steel, thus helping support U.S. steel producers. Von der Layen said the tariffs were “harmful to businesses and worse for consumers.”
Trump took a positive attitude towards tariffs during his second term at the White House. He has ordered the delay of widespread tariffs on Canada and Mexico.
Reuters Von der Leyen is reportedly scheduled to meet with U.S. Vice President JD Vance on Tuesday.
