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

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
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.

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

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

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?

IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over

Exclusive Interview with Alpaca CEO: What is the background of the US stock underlying service provider behind Binance and Bitget?

Variant: Three types of L1 assets are highly likely to become the main means of value storage

Does the performance on Perp DEX become an "invisible threshold" and "amplifier" for new coins to go live on CEX?

a16z Crypto's latest article: Why do we need to predict the market?

Strategy cashes out 2.5 million USD, but Bitcoin's market value dropped by 80 billion USD in one day

Collective Change of Ownership for Crypto Exchanges? The Positioning Competition Among South Korean Financial Giants

WEEXPERIENCE Trading Bootcamp in Poland: How WEEX & FireCrew Are Making Crypto Trading Accessible to Everyone

Paris Reigns Supreme: How PSG Crushed Arsenal’s Dream in a Historic UCL Final Thriller
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
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.
