The European Union is ready to implement further countermeasures against U.S. tariffs if negotiations fail, as stated by European Commission President Ursula von der Leyen. President Donald Trump imposed 20% tariffs on the bloc, leading to concerns about the impact on the global economy. The E.U. is prepared to reintroduce previously suspended duties and impose new tariffs on a variety of U.S. goods, including steel, aluminum, bourbon, and agricultural products, in response to the U.S. tariffs.
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