The EU stated that the 30% tariffs imposed by the U.S. harm the interests of both parties and will take countermeasures if necessary

ChainCatcher news, European Commission President Ursula von der Leyen issued a statement saying that the EU has noted a letter from U.S. President Trump, which outlines the revised tariff rates and a new timeline.

The statement indicated that the 30% tariff imposed by the U.S. on EU export products would disrupt important supply chains across the Atlantic and harm the interests of businesses, consumers, and patients on both sides. The statement noted that globally, few economies can match the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving differences with the U.S. through negotiation.

The statement said that the EU remains prepared to continue efforts to reach an agreement before August 1. Meanwhile, all necessary measures will be taken to protect the interests of the EU, including proportional countermeasures when necessary. At the same time, the EU will continue to deepen global partnerships, firmly based on the principles of rules-based international trade. (CCTV)