Spain is on high alert as the U.
S. prepares to impose new tariffs under Donald Trump's administration.
A 25% tariff on Spanish goods, linked to Venezuela's crude oil imports, is set to take effect, potentially impacting key sectors like agriculture, wine, and automotive components.
The Spanish government, led by Pedro Sánchez, has pledged swift action to support affected industries, drawing parallels to pandemic-era measures.
While Spain's trade deficit with the U.
S. might shield it from some tariffs, the broader EU remains a target.
Sánchez has convened industry leaders to strategize and ensure stability.
The government emphasizes its commitment to a united European response, aiming to protect economic ties with the U.
S. amidst escalating trade tensions.
