Brussels - The European Union has signaled its willingness to escalate trade tensions with the United States, warning of further countermeasures if current negotiations fail to resolve existing tariff disputes. European Commission President Ursula von der Leyen stated that the EU is prepared to implement additional tariffs on US goods if a mutually agreeable solution cannot be found.
The current dispute stems from tariffs previously imposed by the US on a range of European products. The EU views these tariffs as unfair and has already implemented retaliatory measures. However, von der Leyen emphasized that the EU prefers a negotiated settlement but is ready to act decisively to protect its economic interests.
"We are committed to finding a diplomatic resolution to this issue," said von der Leyen in a statement. "However, we must also be prepared to defend ourselves if necessary. We hope the United States will engage in constructive dialogue to avoid further escalation of this trade conflict."
Experts warn that a full-blown trade war between the EU and the US could have significant negative consequences for the global economy. Both sides are under pressure to find a compromise that addresses their respective concerns and avoids further disruption to international trade flows. The coming weeks will be critical in determining the future of EU-US trade relations.
EU Threatens New Tariffs if US Trade Talks Fail

The European Union is ready to respond with more tariffs if ongoing trade talks with the United States break down. European Commission President Ursula von der Leyen issued the warning, emphasizing the EU's commitment to protecting its economic interests. The current dispute centers on tariffs imposed by the US on certain European goods. Failure to reach an agreement could trigger a new round of trade tensions.
Source: Read the original article at NBC