US Administration announces 34% tariffs on China, 20% on EU

How Europe is reacting to 'dire' consequences from US tariff Katya Adler BBC Europe editor European Commission chief Ursula von der Leyen spoke on behalf of all EU countries when she said the new tax imports would cause "dire" consequences for millions of people around the globe. She said there was no clear path through what she called the chaos and complexity the new Trump tariffs would unleash worldwide. But the Commission has promised to protect EU business - some of which will be more hard hit than others: like Germany’s car industry, Italy's luxury goods and France’s wine and champagne producers. Emmanuel Macron has called an emergency meeting of French business leaders later today. As the biggest single market in the world, the EU can hurt the US - targeting goods and services, including “big tech” like Apple and Meta with counter-measures. But it says its aim is not to up the ante here – it’s to persuade US President Donald Trump to negotiate. Last night, Italy’s Prime ... Read full article.