The proposal for a 20% U.S. tariff, or import tax, on goods from Europe in addition to its suspension for 90 days have meant uncertainty “not seen since the darkest days of the COVID-19 pandemic,” said Economy Commissioner Valdis Dombrovskis.
Donald Trump's tariff onslaught casts shadow over European economy, even in best case scenario
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EU Commission Vice President Valdis Dombrovskis said that with the United States becoming a more uncertain ally by the week, the plan should be seen as a “call to action” to set EU industries free from excessive constraints and provide them with aid where necessary.
Plans for major reset of economy announced by EU executive, critics fear for climate
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