Europe's leaders are reacting to a shocking 20% US tariff, which they view as a catastrophe for the global economy. French Prime Minister François Bayrou and EU Commission chief Ursula von der Leyen express concerns about dire consequences for millions. The EU is prepared to negotiate but also retaliate. Various European countries, including Italy and Spain, are bracing for economic impacts, with Italy's wine industry particularly vulnerable. The EU plans to impose its own tariffs in response, while leaders emphasize the need for unity against the US measures. Teljes cikk (bbc.com europe)