Published Date: 02.04.2025 12:25 / Politics

EU to Respond to US Tariffs Strategically

EU to Respond to US Tariffs Strategically

The European Union is preparing to respond to the United States' new tariffs, with actions to be taken "at the appropriate moment," according to European Commission spokesperson Olof Gill. His statement came ahead of the anticipated announcement by U.S. President Donald Trump, who is expected to unveil a sweeping set of tariff measures later today.

Gill explained that the EU’s response will be divided into two components. One will specifically address the anticipated U.S. tariffs on steel and aluminum, while the second will bundle together reactions to other levies. However, he acknowledged that uncertainty remains, as the EU has yet to receive detailed information about the full scope of the U.S. measures.

"The process of calculating the impact is ongoing," Gill said, adding that the lack of precise details from the U.S. side has complicated the EU’s assessment. He confirmed that no formal plans for EU officials to travel to Washington for trade talks are currently in place. Nonetheless, he noted that discussions could be arranged quickly, as Brussels continues to advocate for a negotiated settlement.

Gill emphasized that while the EU stands ready to act, its objective remains to avoid escalation and maintain constructive dialogue. "We prefer negotiated outcomes that benefit both parties and uphold the rules-based international trading system," he stated.

President Trump’s tariff agenda has generated concern across global markets, especially within the EU, which fears potential economic disruption and retaliatory trade measures. The European Commission is now closely monitoring the developments and is prepared to activate countermeasures should they be deemed necessary.

The EU’s restrained yet firm tone signals its intent to avoid immediate retaliation while preserving the option for proportionate responses once the U.S. plan becomes clearer. This approach aims to protect European industries while leaving the door open for diplomacy.

As the international community watches for the details of the U.S. tariff rollout, the EU’s next move could significantly shape the trajectory of transatlantic trade relations in the coming months.