The European Union is preparing to take more retaliatory tariff measures to pressure the United States.
The Financial Times reported on the 24th that Bjorn Seibert, chief of staff to European Commission President Ursula von der Leyen, said that before the final deadline for EU-US trade negotiations on July 9, the EU needs to coordinate its position internally and prepare for more tariff countermeasures against the US to form a "real threat" to the US. Seibert stated that von der Leyen is prepared to escalate tariff countermeasures against the US to seek a better agreement. He hopes that EU member states will support a proposal to impose a comprehensive tariff on $95 billion worth of US goods and stated that the EU is also preparing measures for the services sector, such as taxing US tech companies and restricting US companies' access to public procurement contracts. Von der Leyen previously stated that in negotiations, if it involves the sovereign decision-making process of the EU and its member states, this is something that the US cannot interfere with.
Latest