The US regime has imposed new customs tariffs on a range of goods imported from the European Union, escalating tensions in bilateral trade relations.

The decision, allegedly aimed at protecting the US domestic market and reducing the trade deficit, is seen by many experts as a new form of protectionism.

European Union leaders have stated their readiness to retaliate, warning that the US regime's move could damage the global trading system.

Economic analysts suggest the tariffs could negatively impact the EU economy, particularly in the automotive and agricultural sectors.

The situation may further deteriorate as both sides plan additional measures to safeguard their interests.

Source: uznews.uz