EU leader says Trump's tariffs are major blow to world economy, will hurt vulnerable people most https://www.taxtmi.com/news?id=39556 A unilateral imposition of increased import tariffs on the European Union is characterised as a significant disruption to international trade that will raise prices for groceries, transport and medicines and disproportionately affect vulnerable populations. The European Commission highlights deficiencies in the world trading system, expresses readiness to negotiate, and reserves the right to adopt countermeasures, combining negotiation with potential reciprocal trade remedies. en-us Thu, 03 Apr 2025 10:01:03 +0530 Thu, 03 Apr 2025 10:01:03 +0530 TaxTMI RSS Generator EU leader says Trump's tariffs are major blow to world economy, will hurt vulnerable people most https://www.taxtmi.com/news?id=39556 A unilateral imposition of increased import tariffs on the European Union is characterised as a significant disruption to international trade that will raise prices for groceries, transport and medicines and disproportionately affect vulnerable populations. The European Commission highlights deficiencies in the world trading system, expresses readiness to negotiate, and reserves the right to adopt countermeasures, combining negotiation with potential reciprocal trade remedies. News - Thu, 03 Apr 2025 10:01:03 +0530 https://www.taxtmi.com/news?id=39556