Markets, economists and U.S. allies react to Trump’s expansive new tariffs

Written by on April 3, 2025

ShareE.U. chief warns of further countermeasures against U.S. tariffs if negotiations fail

Lim Hui Jie, CNBC and Sophie Kiderlin, CNBC

The European Union is preparing further countermeasures against U.S. tariffs if negotiations fail, according to European Commission President Ursula von der Leyen.

President Donald Trump had imposed 20% tariffs on the bloc on Wednesday.

Speaking on a livestreamed broadcast, von der Leyen said that Trump’s move was a . . .



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