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EU hopes for US solution but will hit back against tariffs

# European Commission president Ursula von der Leyen says the bloc still hopes for a “negotiated solution” to US tariffs looming this week, but that “all instruments are on the table” to hit back if necessary. US President Donald Trump is set to announce a new raft of tariffs against multiple countries, in what he has dubbed a “Liberation Day” to redress supposedly unfair trade imbalances. Von der Leyen says they will assess the announcements carefully to calibrate their response.