The European Union is actively formulating a response to the US tariffs recently implemented by the Trump administration. The trade tensions pose significant risks to key sectors of the EU’s export market. While negotiations are paused for 90 days, leading figures in the EU are committed to preventing escalation and seeking solutions to reduce the economic impact on goods trading. 80% of the European Union’s exports will be affected by these tariffs if they continue to escalate. Ursula von der Leyen, the President of the European Commission, emphasized the importance of continued negotiations and expressed a desire to find diplomatic solutions. This situation highlights the potential for broader market disruption as trade relations between the US and EU could significantly impact global markets, including those specializing in chemicals, metals, and agriculture. The EU’s focus remains on mitigating economic consequences from tariffs while emphasizing the need for dialogue with the United States.