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EU says it will act 'firmly and immediately' to potential tariffs after Trump threat

( February 26, 2025, 22:44 GMT | Official Statement) -- MLex Summary: The European Commission said it will “react firmly and immediately against unjustified barriers to free and fair trade,” after US President Donald Trump vowed to impose 25 percent tariffs on all European Union goods. The EU statement did not clarify what retaliatory measures it would take. The commission’s trade spokesperson, Olof Gill, said in the statement the bloc is the “world’s largest free market,” creating a favorable environment for both US and EU companies, with trade worth $1.5 trillion annually.Statement follows below:...

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