Ed Davey says UK should retaliate against US tariffs
Video Credit: ODN - Duration: 00:37s - Published
Ed Davey says UK should retaliate against US tariffs
Sir Ed Davey said the UK should retaliate against metal tariffs imposed by the US.
The tariffs came into effect at midnight in the US, imposing an extra charge of 25% on all steel and aluminium entering America.
"We should have retaliatory tariffs - we have to show President Trump this is bad for the American and British economy and for the global economy," Mr Davey said.
Report by Kennedyl.
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US to raise tariff rate on EU goods to 30% from 1 August, EU open to talks but ready to respond
The European Commission responded to Trump's announcement in a written statement, saying it remains ready to reach an agreement, while also taking "necessary steps to safeguard EU interests, including the adoption of proportionate countermeasures."
READ MORE : http://www.euronews.com/2025/07/12/trump-eu-goods-will-face-30-us-tariff-rate-starting-on-1-august
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Credit: euronews (in English) Duration: 01:10Published
President Trump has announced sweeping 30% tariffs on imports from the European Union and Mexico, igniting fresh trade tensions. Starting August 1, key sectors like auto parts, electronics, agriculture, and pharmaceuticals could see massive price hikes. The EU had hoped for a trade deal, but escalating tariffs now threaten negotiations. With over 60% of U.S. vegetables and 71% of drywall materials coming from Mexico, American households could see grocery and construction costs soarâup to $1,200 more annually. Retaliatory tariffs from affected countries may soon follow.
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