• 2026.11.11 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Synthesis

Transatlantic Trade Tensions Flare as Trump Imposes Tariffs, Europe Vows "Firm and Immediate" Response

Hannah Yeh Reporter / Updated : 2025-02-28 14:19:01
  • -
  • +
  • Print

Washington D.C./Brussels – A significant escalation in transatlantic trade relations has occurred following former U.S. President Donald Trump's announcement of a 25 percent tariff on a range of European imports, including automobiles and agricultural products. The move has triggered a wave of condemnation from European leaders, who have vowed to respond "firmly and immediately" to what they deem unjustified barriers to free and fair trade.   

President Trump, speaking at a White House cabinet meeting, asserted that the European Union has "taken advantage" of the United States by imposing trade barriers on American goods. He specifically cited restrictions on U.S. car and agricultural exports.   

However, European officials have countered these claims, highlighting the substantial profits U.S. businesses derive from investments within the EU's integrated single market. European Commission spokesperson Olof Gill emphasized that the EU's market structure facilitates trade and reduces costs for exporters, making it a lucrative environment for American investors.   

The European Commission, in a formal statement, reiterated its commitment to defending free and fair trade. They warned that the EU is prepared to take swift action against any trade barriers that are deemed illegal or discriminatory, including tariffs imposed to challenge legitimate policies.   

European Parliament President Roberta Metsola, speaking in Washington, D.C., stressed the importance of the transatlantic partnership and warned against the dangers of isolationism. She affirmed the EU's readiness to respond decisively to any unfair trade practices.   

France and Spain have aligned with the EU's stance, calling for a unified European response. French Economy Minister Eric Lombard, attending the G20 finance minister meeting in Cape Town, South Africa, stated that the EU must adopt a "firm and proportionate" reaction, mirroring the U.S. actions. French Defense Minister Sebastien Lecornu echoed this sentiment, emphasizing the need for an immediate and measured response.   

Spanish Prime Minister Pedro Sanchez condemned Trump's tariffs as an attack on European economic sovereignty. He refuted Trump's assertion that the EU was "formed to screw the United States," arguing that European contributions have significantly benefited American prosperity. Sanchez emphasized the EU's commitment to multilateralism and open trade, contrasting it with Trump's isolationist policies.   

Polish Prime Minister Donald Tusk, through a post on social media platform X, reinforced Sanchez's position, highlighting the EU's foundational principles of peace, respect, and fair trade.   

Italian Minister of Enterprises and Made in Italy, Adolfo Urso, expressed concern about the potential for a trade war, emphasizing the need for Western unity. He acknowledged Italy's vulnerability due to its export-oriented economy.   

However, Italian industrial leaders, represented by Confindustria President Emanuele Orsini, have called for a stronger response, accusing Trump's policies of hindering European industrial development. Orsini warned that the tariffs threaten European businesses and jobs and called for more robust countermeasures from Brussels.   

The re-emergence of trade tensions between the U.S. and the EU signals a potential disruption to global trade flows and highlights the ongoing challenges of maintaining international economic cooperation. This situation is being closely watched worldwide, as the outcomes could have far-reaching implications for businesses, consumers, and the broader global economy.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Hannah Yeh Reporter
Hannah Yeh Reporter

Popular articles

  • "Honey, don't come in starting tomorrow"... Bloodbath of 'hundreds fired' at major US companies—which ones?

  • Korean Webtoon Captivates New York: Author's Signing Session Extends to Three Hours

  • U.S. S&P 500 Profits Projected to Surge nearly 30%, with Two-Thirds Concentrated in Just 10 Stocks

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065590287324296 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Bridging Distances: Africa and the Middle East Korean Communities Forge Historic Regional Alliance in Addis Ababa
  • Beyond the Clean Bill of Health: Why You Still Feel Unwell After Normal Test Results
  • Echoes of Baek Seok in Dalian: A Poetry Recital Bridging Divides and Generations
  • Global Fossil Fuel Carbon Emissions Expected to Drop by 0.4% Despite Economic Growth
  • South Korea's Real Estate Sector Emphasizes Human Trust Amid AI Integration
  • Korea’s Trade Insurer Fuels Record-Breaking Export Drive with 100 Trillion Won in SME Support

Most Viewed

1
South Korea and Ethiopia Sign Trilateral MOU to Introduce Liquid-Based Cytology (LBC) Technology for Cervical Cancer Diagnosis
2
US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
3
World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
4
From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
5
Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
체리가든 스토리
nutri huevos
로타리
동포저널

Hot Issue

LG Electronics and Skyscanner Partner to Bring Smart Travel Planning to Living Rooms

Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • News K
  • 반달곰 프로젝트
  • 광고문의
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being 
    • 전체
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News