’19th-century protectionism’: Spanish PM condemns Trumps tariffs, supports economy with €14.1bn

The Spanish Prime Minister, Pedro Sánchez, has described United States of America President, Donald Trump’s Wednesday tariff announcement as “unprecedented” and referred to them as a return to “19th-century protectionism.”

This comes as the Spanish government proposed a support package of €14.1 billion to defend its economy from the impact of Trump’s tariffs.

Sánchez also said that Europe should deploy a package of counter-tariffs and other measures in response and set up an aid fund financed from revenues from tariffs imposed on the US in return.

In a particularly terse statement, reported by Reuters, Sánchez said that Europe now faces a trade attack from the West, just as it responds to a military attack from Russia in the East.

Spain’s leader’s reaction comes as Trump on Wednesday announced the implementation of global tariffs.

In the tariffs announcement, Trump dubbed April 2, 2025, as “liberation day” for Americans.

Apart from specific tariffs on countries, the Trump administration announced a 10 percent baseline on imports from every country.

You may also like

Recent News

Flutterwave secures Nigerian banking license to accelerate payment efficiency

Flutterwave secures Nigerian banking license for faster payment efficiency

Gen zero sense - Baba Fryo blasts Wizkid for disrespecting Fela's legacy

Baba Fryo Says Artists Resort to Stunts for Viral Hits, Blames Industry Bottlenecks

Northern governors mourn Kebbi Assembly Speaker, Zuru

Northern States Governors Mourn Kebbi Speaker Muhammad Usman Zuru

I am the best person to succeed Makinde in 2027 - Oyo Assembly Speaker

Oyo Speaker Ogundoyin Declares Ambition to Succeed Makinde in 2027

Scroll to Top