Headlines
EU to assess Trump's auto tariffs decision, says von der Leyen
Published by Global Banking and Finance Review
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on March 26, 2025
1 min readLast updated: January 24, 2026
The EU will evaluate Trump's proposed 25% tariffs on auto imports, aiming to protect its economic interests while seeking negotiated solutions.
BRUSSELS (Reuters) - The European Commission will assess U.S. President Donald Trump's announcement for tariffs of up to 25% on automotive imports, it said late on Wednesday, together with other measures the U.S. is looking at in the next days.
"As I have said before, tariffs are taxes – bad for businesses, worse for consumers equally in the U.S. and the European Union," European Commission President Ursula von der Leyen said in a statement.
The bloc will continue to seek negotiated solutions, while safeguarding its economic interests, she added.
"As a major trading power and a strong community of 27 member states, we will jointly protect our workers, businesses and consumers across our European Union."
(Reporting by Sabine Siebold; Editing by Chris Reese)
The main topic is the EU's assessment of Trump's proposed 25% tariffs on automotive imports and its potential impact.
The EU plans to seek negotiated solutions while safeguarding its economic interests and protecting its workers and consumers.
European Commission President Ursula von der Leyen commented on the tariffs, emphasizing their negative impact.
Explore more articles in the Headlines category
