💨 Abstract

The EU has a "strong plan" to retaliate against tariffs imposed by the U.S., as per EU executive chief Ursula von der Leyen. The U.S. has imposed tariffs on steel, aluminum, and cars, with more planned. Von der Leyen expressed understanding of the U.S.'s concerns over global trade rules, but noted that U.S. tariffs would fuel inflation and cost jobs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖