Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: The Lebanese Army is continuing its investigations and will later announce any information that does not affect the confidentiality of the investigation
Al Mayadeen's correspondent: It has not yet been determined whether the detainees belong to ISIS or another organization
Al Mayadeen's correspondent: Around 10 people of different nationalities, including Lebanese nationals, were detained
Al Mayadeen's correspondent: The Lebanese army arrested a number of people in the Matn area of Mount Lebanon with possession it has not disclosed
Gaza Civil Defense spokesman: We have strong indications that there are martyrs, injuries, and trapped people in the Salah al-Din area
Gaza Civil Defense spokesman: Citizens should avoid Salah al-Din Street because anyone who approaches it is at risk of being directly targeted
Gaza Civil Defense spokesman: Reality is that there is a very limited retreat of the vehicles, with the occupation forces providing cover undeer fire up to Salah al-Din Street
Gaza Civil Defense spokesman: Claims that the Israeli occupation has withdrawn from areas in the neighborhoods of al-Zaytoun, al-Tuffah, and al-Shujaiya are false
Hamas: The two delegations stressed that any negotiations must lead to the achievement of our people's goals and aspirations, foremost among which is ending the war and the complete withdrawal of enemy forces
Hamas: A delegation from the Hamas leadership, led by the head of the leadership council, Mohammad Darwish, met with an Islamic Jihad delegation, headed by its Secretary-General, Ziyad al-Nakhalah

Borrell warns of consequences for transatlantic relations under Trump

  • By Al Mayadeen English
  • Source: Agencies
  • 13 Nov 2024 22:48
3 Min Read

Trump's proposal to implement a 10% tariff on all US imports has raised significant concerns among economists and trade experts.

Listen
  • x
  • European Union foreign policy chief Josep Borrell speaks during a media conference after talks on the Middle East in Brussels, Sunday, May 26, 2024. (AP)
    European Union foreign policy chief Josep Borrell speaks during a media conference after talks on the Middle East in Brussels, Sunday, May 26, 2024. (AP)

EU foreign policy chief Josep Borrell issued a warning Wednesday that US President-elect Donald Trump's proposed tariffs and foreign policy approach could have "far-reaching consequences" for the transatlantic relationship.

Borrell's remarks came during an opening speech at the European Parliament plenary session, where he discussed the potential disruption posed by Trump's prior threat to impose a 10% customs tariff on European goods.

"There will be far-reaching consequences for our bilateral relationship," Borrell said, warning that such tariffs could destabilize economic ties between the EU and the US, with potential impacts on both economies.

Trump's Proposed Tariffs on Imports Spark Concerns

Trump's proposal to implement a 10% tariff on all US imports has raised significant concerns among economists and trade experts.

A broad-based tariff would likely increase costs for American consumers and businesses, as imported goods become more expensive. This could result in higher prices for products ranging from electronics to clothing, straining household budgets and potentially slowing economic growth.

The proposed tariffs could also strain relationships with key trading partners, particularly the EU, which has expressed apprehension that such measures could prompt retaliatory tariffs.

Related News

What is Netanyahu smoking? Araghchi slams Israeli influence over US

Pentagon official assessment shifted US focus from Ukraine to China

Read more: Trump's return signals major shake-up in foreign policy: The Guardian

Experts warn that an escalating trade war could disrupt global supply chains, with industries heavily reliant on international trade—such as the automotive and aerospace sectors—being particularly vulnerable.

In addition to the proposed 10% tariff, Trump has suggested a 60% tariff on imports from China to address trade imbalances and intellectual property concerns. However, experts caution that such a move risks intensifying tensions between the world's two largest economies, potentially affecting global markets and economic stability.

EU to Hold Debates on Future Relations with Trump-Led US

The European Parliament has scheduled special debates in Brussels for November 13-14 to discuss the future of EU-US relations under Trump's administration.

Expected topics include trade cooperation and strategies for managing relationships with major global actors such as Russia, China, and countries in the Middle East.

The US presidential election, held on November 5, saw Republican candidate Donald Trump declared the winner by major networks after securing the necessary Electoral College votes.

Democratic candidate Kamala Harris conceded, and President Joe Biden extended his congratulations. Trump's win makes him the first US president since the 19th century to serve non-consecutive terms.

With the Electoral College set to vote on December 17 and Congress to certify the results on January 6, Trump's inauguration is slated for January 20, marking the beginning of a new phase in EU-US relations.

Read more: Trump cabinet unveiled, includes loyalists in key roles

  • United States
  • tariffs
  • Josep Borrell
  • Donald Trump
  • European Union

Most Read

Hezbollah SG reveals war details on Al Mayadeen for the first time

Hezbollah SG reveals war details on Al Mayadeen for the first time

  • Politics
  • 8 Jul 2025
Major ambush in Gaza kills 6 Israeli troops, injures dozens

Major ambush in Gaza kills 5 Israeli troops, injures 14

  • Politics
  • 8 Jul 2025
Israeli soldiers are seen in Beit Hanoun ahead of an operation by the al-Qassam Brigades, undated (Al-Qassam Brigades Military Media)

'Israel' on blast as media exposes report discrepancies in Gaza ambush

  • Palestine
  • 8 Jul 2025
Yemeni air defenses repel substantial part of Israeli aggression

Yemeni air defenses confront Israeli aggression on Hodeidah

  • Politics
  • 7 Jul 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
The Freedom Flotilla ship Handala as it departs for Gaza, where it aims to break the maritime blockade at a port in Syracuse, Sicily in southern Italy on July 13, 2025. (AFP)
Palestine

Freedom Flotilla's Handala departs Sicily in bid to break Gaza siege

The container ship CMA CGM Laperouse, left, docks at the Georgia Ports Authority's Port of Savannah, Sept. 29, 2021, in Savannah, Ga (AP)
Politics

US shipbuilding woes deepen as tariffs, outdated policies backfire

Gaza war raises ethical questions for ex-Obama, Biden officials
Politics

Mercenary firm tied to Gaza war crimes hires Obama-Biden PR operatives

'Israel' targets children in Gaza collecting water
Palestine

'Israel' strikes Gaza kids fetching water, blames it on 'malfunction'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS