Transatlantic trade tensions have escalated following U.S. President Donald Trump’s announcement of a 25 percent tariff on European imports, with European countries warning that Europe will react “firmly and immediately” against unjustified barriers.
President Trump accuses the European Union of cheating the United States, sparking tensions and threats of new tariffs.
European leaders have pledged to stand by Ukraine in the wake of the contentious Oval Office meeting between U.S. President Donald Trump, Vice President JD Vance and Ukrainian President Volodymyr Zele
In a recent report, the European Central Bank (ECB) highlighted trade tariffs as one of the European economy's major challenges. This assessment came just days after the U.S. administration decided to slap a 25 percent tariff on steel and aluminum imports, along with additional levies on cars, semiconductors and pharmaceuticals.
Romania's interim president Ilie Bolojan will travel to London on Sunday, March 2, for a summit of European leaders on the topic of European defense, also attended by Ukrainian president Volodymyr Zelenskiy,