Trump’s reciprocal tariff plan is unproductive, according to the Netherlands’ foreign minister.

• Netherlands’ Foreign Minister, Caspar Veldkamp, warns of a “unitary, proportional, and robust” response to US tariffs.
 • He urges India and the EU to compare notes on the effects of the tariffs.
 • Veldkamp argues that tariffs will be unproductive and have an inflationary impact on the US economy.
 • He stresses that decisions on these matters will be collectively made for the EU in Brussels.
 • The US tariffs will be closely watched in India, which is in talks with the US for a Bilateral Trading Agreement (BTA).
 • Veldkamp suggests that the EU may expect similar concessions from India in the India-EU Bilateral Trade and Investment Agreement (BTIA).
 • The Netherlands and India will sign an MoU on Semi-Con and Critical Technology later this year.