Edit this postEU President, Ursula Von Der Leyen reacts to Auto Tariffs
"Deeply regret the US decision to impose tariffs on European automotive exports.
The automotive industry is a driver of innovation, competitiveness, and high quality jobs, through deeply integrated supply chains on both sides of the Atlantic.
As I have said before, tariffs are taxes – bad for businesses, worse for consumers equally in the US and the European Union.
We will now assess this announcement, together with other measures the US is envisaging in the next days.
The EU will continue to seek negotiated solutions, while safeguarding its economic interests.
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."
"Deeply regret the US decision to impose tariffs on European automotive exports.
The automotive industry is a driver of innovation, competitiveness, and high quality jobs, through deeply integrated supply chains on both sides of the Atlantic.
As I have said before, tariffs are taxes – bad for businesses, worse for consumers equally in the US and the European Union.
We will now assess this announcement, together with other measures the US is envisaging in the next days.
The EU will continue to seek negotiated solutions, while safeguarding its economic interests.
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."
