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US 'reciprocal tariffs' to encounter increasing global backlash

Quotes

    • 88:88
      The EU/US trade relationship needs a fresh approach. The EU's committed to meaningful negotiations but also prepared to defend our interests. We stay in touch,
      Reuters
      he added
    • 88:88
      Maroš Šefčovič
      A frank 2h exchange with Sec. @howardlutnick and Amb. @jamiesongreer. I was clear: US tariffs are damaging, unjustified,
      Reuters
      Sefcovic wrote on social media platform X
    • 88:88
      We're currently discussing it, and in such cases, the response must be made public as soon as it's decided,
      International Business Times
      French Finance Minister Eric Lombard said on Friday
    • 88:88
      If they're going to go after our goods surplus, then we'll look at the services surplus,
      International Business Times
      an EU official said
    • 88:88
      We will react in areas where it hurts the United States,
      International Business Times
      a senior EU official said
    • 88:88
      Europe has everything it needs to make it through this storm. We are in this together,
      International Business Times
      EU chief Ursula von der Leyen said
    • 88:88
      Maroš Šefčovič
      We are prepared to implement firm, impactful but proportionate countermeasures,
      International Business Times
      EU trade chief Maros Sefcovic said on Thursday
    • 88:88
      We love soybeans, but we can get them from Brazil,
      International Business Times
      the official said
    • 88:88
      Robin Winkler
      There is not much that either fiscal or monetary policy can do in the short term to offset the trade shock,
      Reuters
      Deutsche Bank economist Robin Winkler said
    • 88:88
      Robert Habeck
      Forging alliances ... is the order of the day,
      Reuters
      German Economy Minister Robert Habeck said, singling out Mexico, Canada and India where closer trade relations would make sense
    • 88:88
      We need to strengthen our coordination with ASEAN, Japan, South Korea, EU and UK,
      Reuters
      said one Chinese adviser, speaking on condition of anonymity because of the issue's sensitivity
    • 88:88
      If they keep pushing protectionism and sticking to this one-sided perspective, I don't see them coming back to the WTO for multilateral negotiations anytime soon,
      Reuters
      said Marco Molina, of consulting firm Molina & Associates and former deputy permanent representative of Guatemala to the WTO
    • 88:88
      Vietnam will likely prioritise negotiations to avoid an economic shock."
      Reuters
      But, ... he added
    • 88:88
      It’s obvious that there was a political assignment for the U.S. administration to do some action so any negotiation before Liberation Day was not able to change it,
      Politico Europe
      he said
    • 88:88
      We should show our strength and dedication for negotiations with the U.S. side,
      Politico Europe
      he said
    • 88:88
      He has those numbers crunched in a good way, so this puts quite a lot of faith in me that he’s capable to negotiate it,
      Politico Europe
      he said
    • 88:88
      This strength is also built on our readiness to take firm countermeasures. All instruments are on the table,
      CNBC
      Von der Leyen said Tuesday, a sentiment she reiterated on Thursday
    • 88:88
      Whereas the EU will probably not retaliate significantly now, it will likely threaten to do so if negotiations do not yield a result by mid-year,
      CNBC
      he said
    • 88:88
      Anthony Albanese
      We will not join a race to the bottom that leads to higher prices and slower growth."
      Newsweek
      Prime Minister Anthony Albanese said
    • 88:88
      Trump’s tariffs are likely to divert a massive amount of Chinese exports into the E.U.”
      The New York Times
      Noah Barkin, a senior adviser at the Rhodium Group in Berlin and a specialist on China, said