On July 12 (UTC+8), European Commission President Ursula von der Leyen stated that imposing a 30% tariff on EU exports would disrupt critical transatlantic supply chains. Few economies globally can match the EU in terms of openness and adherence to fair trade principles. The EU has always prioritized reaching a solution with the United States through negotiation. We remain prepared to continue working towards an agreement by August 1, and we will take all necessary measures to protect the EU's interests, including taking appropriate countermeasures if necessary. (Source: Bitpush) [MetaEra]