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EU says Trump’s reciprocal tariffs are a step in the wrong direction

  • February 14, 2025
  • -FCHFX

February 14, 2025 at 09:37AM

EU remains committed to an open and predictable global trading system that benefits everyone

EU will react firmly and immediately against unjustified barriers to free and fair trade

The thing about reciprocal tariffs is that it is more likely to hit harder against other US allies like India and Southeast Asia. So, that raises skepticism about its implementation and allows for more room to negotiate perhaps. Europe is on the next tier in that list but Trump’s gripe seems to be more on VAT, which is a whole other issue as seen here.

This article was written by Justin Low at www.forexlive.com.

EU says Trump’s reciprocal tariffs are a step in the wrong direction
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