Trade tensions are escalating between the United States and the European Union following the imposition of new customs duties.
President Donald Trump announced imposing a 10% tariff on all imports to the United States, describing this decision as a "Liberation Day" to address what he considered a trade imbalance.
He also declared raising tariffs on foreign cars to 25% starting midnight on April 2, pointing out that American products face obstacles in markets like Japan and South Korea, while cars from those countries freely flood the American market.
On the other hand, European Commission President Ursula von der Leyen described these actions as a "severe blow to the global economy," confirming the European Union's readiness to respond with a set of countermeasures, especially regarding the steel sector.
The Commission President added that Brussels is considering additional measures to protect its interests in case negotiations with the American side fail.
This escalation is part of Trump's policy aimed at reducing the U.S. trade deficit and supporting local industries, which threatens to increase tensions with major trading partners worldwide.
