European Commission President von der Leyen says US tariffs a major blow to world economy

European Commission President von der Leyen

• US tariffs are a major blow to the world economy
• The consequences will be dire for millions of people around the world

• All businesses will suffer

• There seems to be no order in the disorder
• Agrees with Trump that others are taking unfair advantage of the current rules
• EU has always been ready to negotiate with the US
• Preparing for further counter measures on US tariffs if negotiations fail
• We are ready to respond
• We are preparing further package of measures to protect our interests
• Many feel let down by our old ally

This article was written by Eamonn Sheridan at www.forexlive.com.