They also discussed the possibility of further proportionate countermeasures against the US reciprocal tariffs, if needed, an official release said.
“The EU deeply regrets the new US tariffs and remains committed to dialogue, seeking a negotiated solution acceptable for both sides. Today’s Council shows the member states are united and determined to defend interests of citizens and businesses alike,” said Michal Baranowski, undersecretary of state at the ministry of economic development and technology of Poland, responsible for Trade.
“We support the European Commission and our response will be guided by patience and firmness. All options remain on the table,” he added.
The Commission and member states will carefully assess any potential new US measures, as well as the latest tariffs announced (a 20-per cent tariff on the EU).
The aim is to ensure that the EU’s approach remains both balanced and effective, protecting our economic interests while keeping the door open for mutually advantageous solutions.
The Council also reviewed EU-China trade relations and expressed concern over the growing trade imbalance with the Asian giant.
ALCHEMPro News Desk (DS)
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