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EU must remain united to respond to Trump's tariffs threat, Spanish Economy Minister says

Published by Global Banking & Finance Review

Posted on February 3, 2025

1 min read

· Last updated: January 26, 2026

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Spanish Economy Minister Carlos Cuerpo discusses EU response to Trump's tariffs - Global Banking & Finance Review
An image of Spanish Economy Minister Carlos Cuerpo speaking about the EU's need for unity in response to tariffs imposed by U.S. President Trump. This discussion highlights the importance of protecting European businesses in a globalized market.
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MADRID (Reuters) - The European Union must remain united to respond to U.S. President Donald Trump's threats to levy tariffs on its products, Spanish Economy Minister Carlos Cuerpo said on Monday. The

Spanish Economy Minister Urges EU Unity Against Trump's Tariff Threats

MADRID (Reuters) - The European Union must remain united to respond to U.S. President Donald Trump's threats to levy tariffs on its products, Spanish Economy Minister Carlos Cuerpo said on Monday.

The EU was open to trade and in favour of a globalised world market, though the bloc should not be "naive" and protect its companies and should make sure they were in a position to compete in equal conditions with rivals from other countries, Cuerpo said in an interview with Spanish radio station RNE.

Newly elected Trump ordered sweeping tariffs on goods from Mexico, Canada and China on Saturday.

In the past Trump has vowed imposing tariffs on European goods too, though White House press secretary Karoline Leavitt said on Friday he has not made up his mind about a timeline for implementing those tariffs.

(Reporting by Inti Landauro; Editing by Toby Chopra and Alex Richardson)

Key Takeaways

  • Spanish Economy Minister calls for EU unity.
  • Trump threatens tariffs on EU products.
  • EU supports global trade but seeks fair competition.
  • Tariffs already imposed on Mexico, Canada, and China.
  • White House undecided on EU tariff timeline.

Frequently Asked Questions

What did the Spanish Economy Minister say about EU unity?
Spanish Economy Minister Carlos Cuerpo emphasized that the European Union must remain united to effectively respond to U.S. President Donald Trump's tariff threats.
What is the EU's position on trade according to the article?
The EU is open to trade and supports a globalized market, but it should not be naive and must protect its companies to ensure they can compete fairly.
What recent actions has Trump taken regarding tariffs?
Recently, Trump ordered sweeping tariffs on goods from Mexico, Canada, and China, and has previously threatened to impose tariffs on European goods as well.
Has Trump decided on a timeline for implementing tariffs on Europe?
White House press secretary Karoline Leavitt stated that Trump has not yet made a decision regarding the timeline for implementing tariffs on European goods.

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