EU Vows Retaliation Amid New US Tariff Plans
The post EU Vows Retaliation Amid New US Tariff Plans appeared on BitcoinEthereumNews.com. Key Points: G7 Tariff hikes spark EU retaliation; calls for negotiations. High risks affect U.S.-EU trade relations. Potential market volatility concerns for crypto investors. European Commission President Ursula von der Leyen opposed Donald Trump’s new 30% tariff on EU exports set for August 1, highlighting a potential trade disruption. This tariff increase by the US could lead to disruption in the transatlantic supply chain, impacting businesses and consumers globally. The EU aims for a negotiated solution, yet prepares for countermeasures. US Tariffs and EU Countermeasures: Economic Impact Analyzed US tariffs announced by President Trump, including a 30% hike on EU exports, poised to impact supply chains significantly. European Commission President, Ursula von der Leyen, declared a steadfast commitment to safeguarding EU interests pending further negotiations. Increased tariffs trigger strong opposition and rebuttals from European entities, as they prepare for proportionate retaliatory actions. These tariffs are positioned to exert pressure on EU-US trade relations, likely affecting multinational business interests and economic dynamics. Markets reacted promptly, with leaders like Bernd Lange from the EU Parliament decrying the tariffs as “a slap in the face” and demanding firm responses from EU institutions. The anticipation of trade tensions heightens market volatility, particularly in sectors with cross-border dependencies. Crypto Market Volatility Amid Heightened EU-US Trade Tensions Did you know? The U.S.-China trade war serves as a comparable situation, historically leading to increased global market volatility, highlighting potential similar impacts now on EU-US relations. Ethereum (ETH) is priced at $2,945.91 with a market cap of $355.62 billion. Despite a minimal 0.20% dip over 24 hours, ETH’s price has gained 16.89% in a week and shows substantial momentum over three months with an 82.75% rise, CoinMarketCap reports. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 01:00 UTC on July 13, 2025. Source: CoinMarketCap Experts from Coincu anticipate potential…
The post EU Vows Retaliation Amid New US Tariff Plans appeared on BitcoinEthereumNews.com.
Key Points: G7 Tariff hikes spark EU retaliation; calls for negotiations. High risks affect U.S.-EU trade relations. Potential market volatility concerns for crypto investors. European Commission President Ursula von der Leyen opposed Donald Trump’s new 30% tariff on EU exports set for August 1, highlighting a potential trade disruption. This tariff increase by the US could lead to disruption in the transatlantic supply chain, impacting businesses and consumers globally. The EU aims for a negotiated solution, yet prepares for countermeasures. US Tariffs and EU Countermeasures: Economic Impact Analyzed US tariffs announced by President Trump, including a 30% hike on EU exports, poised to impact supply chains significantly. European Commission President, Ursula von der Leyen, declared a steadfast commitment to safeguarding EU interests pending further negotiations. Increased tariffs trigger strong opposition and rebuttals from European entities, as they prepare for proportionate retaliatory actions. These tariffs are positioned to exert pressure on EU-US trade relations, likely affecting multinational business interests and economic dynamics. Markets reacted promptly, with leaders like Bernd Lange from the EU Parliament decrying the tariffs as “a slap in the face” and demanding firm responses from EU institutions. The anticipation of trade tensions heightens market volatility, particularly in sectors with cross-border dependencies. Crypto Market Volatility Amid Heightened EU-US Trade Tensions Did you know? The U.S.-China trade war serves as a comparable situation, historically leading to increased global market volatility, highlighting potential similar impacts now on EU-US relations. Ethereum (ETH) is priced at $2,945.91 with a market cap of $355.62 billion. Despite a minimal 0.20% dip over 24 hours, ETH’s price has gained 16.89% in a week and shows substantial momentum over three months with an 82.75% rise, CoinMarketCap reports. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 01:00 UTC on July 13, 2025. Source: CoinMarketCap Experts from Coincu anticipate potential…
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