President Donald Trump has rejected the European Union’s "zero-for-zero" tariff proposal for industrial goods, calling it "very, very bad." Trump argued that the EU restricts U.S. cars and agriculture, and retaliated by imposing a 20% tariff on European exports. European Commission President Ursula von der Leyen warned of countermeasures if talks collapse. As tensions escalate, EU stock markets tumbled, with Germany’s DAX and the UK’s FTSE 100 suffering heavy losses. The standoff risks disrupting transatlantic trade worth over €1 trillion annually, threatening global economic stability.
#Trump #EUTrade #TariffWar #TradeTensions #USPolitics #DonaldTrump #EuropeanUnion #TradeDeficit #ZeroTariff #Cars #USvsEU #GlobalMarkets #VonDerLeyen #USExports #TariffNews #Protectionism #BreakingNews #EUReaction #IndustrialTrade #TrumpTariffs
Also Read
Trump Dismisses General Tim Haugh from National Security Agency Amidst Congressional Concerns :: https://www.oneindia.com/international/trump-fires-general-tim-haugh-national-security-agency-011-4115013.html?ref=DMDesc
Trump Warns Iran: Strike A Nuclear Deal In Two Months Or Face Unprecedented Bombing :: https://www.oneindia.com/international/trump-warns-iran-strike-a-nuclear-deal-in-two-months-or-face-unprecedented-bombing-4109797.html?ref=DMDesc
Trump Visits Kennedy Center to Shape the Future of National Arts and Culture :: https://www.oneindia.com/international/trump-visit-kennedy-center-arts-institution-011-4097567.html?ref=DMDesc
~GR.344~HT.408~
