EU says consequences of Trump tariffs will be 'dire'

The EU's Ursula von der Leyen has warned that the bloc is prepared to respond to new US tariffs imposed by President Donald Trump's administration. Taiwan has described the tariffs as "unreasonable." DW has more.

• Many countries have responded with dismay after US President Donald Trump announced "reciprocal tariffs" ranging from 10% to 49%
• European Commission President Ursula von der Leyen says a new 20% US tariff on the EU "will be dire for millions of people"
• Financial markets across the world have marked losses after the tariff announcement

Here is a roundup of events on Thursday, April 3, related to the tariffs announced by US President Donald Trump.