The European Union is preparing to enter a new phase in its trade relations with the US. Von der Leyen stated in Strasbourg that all options are on the table in response to US tariffs.

With the EU being the largest market, how will the effects of trade wars shape the European economy? Von der Leyen emphasized that "Tariffs will trigger inflation," highlighting the seriousness of the situation.

The tariffs imposed by the US on steel and aluminum imports have drawn a strong reaction from Europe. Von der Leyen stated, "We are ready to take countermeasures," emphasizing that the EU will respond strongly.

The EU plans to retaliate with measures worth 26 billion euros against US tariffs. How will this affect trade relations between the two parties?

German Chancellor Scholz stated, "The EU will respond as one body," sending a message of unity. He noted that trade wars harm all parties involved.

In conclusion, trade relations between the EU and the US continue to be shaped by mutual tariffs and retaliations. Both sides need to take careful steps during this process.