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  • 2 days ago
The European Union has suspended retaliatory tariffs against the U.S., but warns it is “fully prepared” for war if Trump’s 30% levies hit on August 1. In this Telesur exclusive, we dissect the EU’s high-risk strategy, the $1.7 trillion trade crisis, and why global economies hang in the balance.

#TradeWar #USEUTariffs #VonDerLeyen #TrumpTrade #GlobalEconomy #AntiCoercion #TelesurEnglish #EconomicJustice #DecolonizeTrade #August1Deadline

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Transcript
00:00The official emphasized that Europe is prepared to take action against Washington
00:03if no solution to trade relations is found.
00:06Bandelein stressed that the European Union will continue to prepare its action plan,
00:09which includes two packages of countermeasures to the White House's impositions.
00:13The United States imposed 30% tariffs on goods from the European Union,
00:17despite the fact that previous taxes remained in force.

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