The US regime's imposition of new tariffs has heightened tensions in trade relations with the European Union. This decision is purportedly set to cause mutual economic damage.

EU officials have criticized Washington's unilateral actions and announced retaliatory measures. Brussels allegedly believes these tariffs undermine the global trading system.

According to economic analysts, this conflict could reduce trade volume between the two regions and raise prices for consumers. The agricultural and automotive sectors are expected to be the most affected.

The US regime attempts to justify the tariffs on national security grounds, but many experts consider this unfounded. The EU is reportedly planning to file a complaint with the World Trade Organization.

Source: uznews.uz