The European Union, in response to U.S. President Donald Trump’s threats of imposing a 25% tariff on EU products, clarified that the bloc is not seeking to undermine the United States but instead serves as the world’s largest free market, benefiting American companies operating within and alongside Europe. The EU vowed to strongly oppose any wholesale tariffs on its exports to the U.S., with retaliatory measures planned for iconic American industries such as bourbon, jeans, and motorcycles.

Trump’s accusations that the EU was established to harm the U.S. were met with a firm rebuttal from the EU, emphasizing the mutually beneficial trade relationship between the two entities. Despite Trump’s concerns about trade deficits, the EU highlighted the substantial trade volume between them, totaling around $1.5 trillion, with trade surpluses in goods for the EU partially offset by the U.S. surplus in services.

European Commission trade spokesman Olof Gill emphasized the importance of avoiding a trade war, advocating for cooperation to maintain opportunities for both sides. The EU stressed its commitment to dialogue, openness, and reciprocity, urging adherence to established rules for a mutually beneficial partnership. As tensions escalate, the EU remains steadfast in its stance to protect the interests of its consumers and businesses while advocating for fair and free trade practices.