Published: April 3rd, 2025,
Last updated: April 5th, 2025

US President Donald Trump had made no secret of his intentions, but the force of his tariff plans triggered shocks around the globe. Share prices plummeted, as did the US dollar. The EU Commission and member states had their hands full the following day, analyzing the consequences of Trump’s sweeping move. „We don’t yet know what our response will be,“ said a senior Commission official.