EU Says US Imposing 30% Tariffs Harms Both Sides' Interests, Will Take Countermeasures If Necessary

European Commission President Ursula von der Leyen issued a statement saying that the EU has taken note of a letter from US President Donald Trump outlining revised tariff rates and a new timetable. The statement said that the US imposition of a 30% tariff on EU exports would disrupt important supply chains on both sides of the Atlantic, harming the interests of businesses, consumers and patients on both sides. The statement said that few economies worldwide can match the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving its differences with the US through negotiations. The statement said that the EU remains ready to continue working towards an agreement before August 1. At the same time, it will take all necessary measures to defend the EU's interests, including proportionate countermeasures if necessary. At the same time, the EU will continue to deepen global partnerships, firmly based on the principles of rules-based international trade. (CCTV) [ChainCatcher]