Cointime

Download App
iOS & Android

EU says US's 30% tariffs harm interests of both sides, will take countermeasures if necessary

on the 12th local time, European Commission President von der Leyen issued a statement saying that the EU has taken note of a letter from US President Trump outlining revised tariff rates and a new timetable. The statement said that imposing a 30% tariff on EU exports to the United States would disrupt important supply chains across the Atlantic and harm the interests of businesses, consumers, and patients on both sides. The statement said 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 United States through negotiations. The statement said that the EU remains prepared to continue efforts to reach an agreement by August 1. At the same time, all necessary measures will be taken to safeguard the interests of the EU, including taking proportionate countermeasures when necessary. The EU will also continue to deepen global partnerships, firmly based on rule-based international trade principles.

Comments

All Comments

Recommended for you

  • Senator Lummis: Trump Voluntarily Agreed to New Ethical Provisions in the Clarity Act

    On September 14, U.S. Senator Cynthia Lummis posted on platform X, stating, "After a year of intense daily bipartisan negotiations, this bill is ready. Here is the final text. President Trump has voluntarily agreed to new ethical provisions that implement one of the strictest ethical restrictions in American history for all federally elected officials, judges, and their spouses. This new text incorporates over 120 demands put forth by the Democrats. If a no vote is cast on Tuesday, it would signify opposition to genuine ethical reforms regarding the personal investment behaviors of politicians, ceding America's leadership in the digital asset space to foreign competitors, and leaving the American public unprotected in the digital asset market. The Democrats' demands have been met; now, they need to accept this bill and vote in favor."
  • Senator Lummis: Trump Voluntarily Agreed to New Ethical Provisions in the Clarity Act

    On September 14, U.S. Senator Cynthia Lummis posted on X platform stating, "After a year of intense bipartisan negotiations, this bill is ready. Here is the final text. President Trump has voluntarily agreed to new ethical provisions that implement one of the strictest ethical restrictions in U.S. history for all federally elected officials, judges, and their spouses. This new text incorporates over 120 demands put forth by the Democrats. If a 'no' vote is cast on Tuesday, it would signify opposition to genuine ethical reforms regarding the personal investment behaviors of politicians, ceding America's leadership in the digital asset space to foreign competitors, and leaving the American public unprotected in the digital asset market. The Democrats' demands have been met; now, they need to accept this bill and vote in favor."
  • BTC Surpasses $77,500

    Market data shows that BTC has surpassed $77,500, currently priced at $77,597.35, with a 24-hour increase of 0.51%. The market is highly volatile, so please ensure proper risk management.
  • BTC Surpasses $77,500

    Market data shows that BTC has surpassed $77,500, currently priced at $77,597.35, with a 24-hour increase of 0.51%. The market is experiencing significant volatility, so please ensure proper risk management.
  • Anthropic Chooses Nasdaq for IPO

    On September 14, Business Insider reported, citing an informed source, that Anthropic has selected Nasdaq as the potential listing venue for its IPO. According to another insider, the company, which plans to go public in October, has chosen Nasdaq, marking a significant win for the exchange in its competitive landscape. Earlier this year, Nasdaq successfully secured the listing of SpaceX, which is valued at $1.75 trillion, while some estimates suggest that Anthropic's valuation could reach $2 trillion, although this figure has not yet been finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not go public at this time due to concerns regarding the existential threats AI may pose to humanity.
  • Anthropic Chooses Nasdaq for IPO

    On September 14, Business Insider reported, citing an informed source, that Anthropic has chosen Nasdaq as the potential listing venue for its IPO. According to another source, the company, which plans to go public in October, selecting Nasdaq signifies a significant win in the competition among exchanges. Earlier this year, Nasdaq successfully secured the listing of SpaceX, which is valued at $1.75 trillion, while some estimates suggest that Anthropic's valuation could reach $2 trillion, although this figure has not yet been finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not go public at this time due to concerns regarding the existential threats AI may pose to humanity.
  • Anthropic Chooses Nasdaq for IPO

    On September 14, Business Insider reported, citing an informed source, that Anthropic has selected Nasdaq as the potential listing venue for its IPO. According to another insider, the company, which plans to go public in October, has chosen Nasdaq, marking a significant win for the exchange in its competitive landscape. Earlier this year, Nasdaq successfully secured the listing for SpaceX, which is valued at $1.75 trillion. Some estimates suggest that Anthropic's valuation could reach $2 trillion, although this figure has not yet been finalized. Previously, OpenAI CEO Sam Altman stated that OpenAI would not go public at this time due to concerns about the existential threats AI may pose to humanity.
  • Bitfinex Sees 1,377 BTC Inflow in 24 Hours

    According to monitoring by AiCoin, there has been a significant flow of funds at the Bitfinex exchange. In the past 24 hours, the exchange's wallet has received an inflow of 1,377 BTC, valued at $138 million. Currently, its BTC wallet balance stands at 420,400 BTC.
  • Bitfinex Sees 1,377 BTC Inflow in 24 Hours

    According to monitoring by AiCoin, there has been a significant flow of funds at the Bitfinex exchange. In the past 24 hours, the exchange's wallet has received an inflow of 1,377 BTC, valued at $138 million. Currently, its BTC wallet balance stands at 420,400 BTC.
  • Trump: Iran War Will End, Possibly Before Midterm Elections

    On September 13, U.S. President Trump stated that the Iran war will end, possibly before the midterm elections or immediately after. Iran is very eager to reach an agreement. He does not care whether Gulf countries meet with Iran, as that is their choice. When asked if the artificial intelligence industry should slow its development pace, Trump remarked that whoever wins in artificial intelligence will win the future.