The EU states that the 30% US tariff is detrimental to both parties' interests, and it will take retaliatory measures if necessary.
BlockBeats News, July 13th. On July 12th local time, European Commission President von der Leyen made a statement in response to a letter from U.S. President Trump. The letter outlined revised tariff rates and a new schedule. The statement noted that the U.S. imposition of a 30% tariff on EU exports would disrupt a key transatlantic supply chain, harming the interests of businesses, consumers, and patients on both sides. Globally, few economies can rival the EU in terms of openness and adherence to fair trade rules. The EU has always been committed to resolving differences with the U.S. through negotiation. The EU remains ready to work towards an agreement by August 1st. In the meantime, all necessary measures will be taken to safeguard the EU's interests, including adopting proportionate retaliatory measures when needed. The EU will also continue to deepen global partnerships, firmly rooted in rule-based international trade principles. (CCTV)
You may also like

Full text and analysis of the speech by the CEO of SanDisk at the 42nd Annual Strategic Decision Conference of Bernstein

Bitcoin Price Prediction 2030: Ark Invest Forecasts $710K

WEEX Review 2026: Fees, Security and Trading Features

SOL Price Today: Live Solana Price, Charts & Market Data

What Is a Bitcoin ETF: Spot vs Futures Explained

Why Is Bitcoin Dropping 15% While Nasdaq Hits Record Highs?

Morning Report | Coinbase Ventures makes its first investment in ENA; SpaceX plans to set the IPO price at $135 per share

Morning Report | Robinhood completes acquisition of WonderFi for $180 million; Anthropic submits IPO draft application to SEC confidentially; Google plans to raise $80 billion in financing

WSJ: Hyperliquid is becoming Wall Street's crypto "convenience store"

Why do I still have confidence in ETH?

CRCL surges and plummets, COIN follows with a dive: The real battle for interests behind the CLARITY Act

Tokenized US stocks are not the "liquidity killer" of the crypto market
What Is TradFi and Why Is Everyone Talking About It in 2026?
From Poland to Paris: A Look Back at WEEX's Global Community Journey in May 2026

WEEX WXT Eco Carnival: How to Join WXT Events and Plan Trading Tasks
The WEEX WXT Eco Carnival is an ecosystem campaign built around WEEX Token (WXT), designed for users interested in platform tokens, spot trading, futures trading, deposit tasks, and referral rewards.

Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball

Zhou Hang: How much is SpaceX really worth?

