EU 'prepared to respond' as Trump tariffs shock Europe

US President Donald Trump has announced new tariffs: 20% on all imports from the EU. This escalation in the trade war could cost the EU tens of billions of euros. EU Commission President Ursula von der Leyen warns of severe global economic consequences.

European car manufacturers facing 25% tariffs are heavily reliant on US exports, face significant losses. The EU is preparing countermeasures and hopes to negotiate to avoid further escalation.

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.