EU and US Trade Tensions Escalate Amid Trump Tariff Threats
TL;DR Summary
The European Union is considering a third retaliatory strike against the US, targeting US aircraft, cars, and food, in response to President Trump's threat of a 30% tariff, with ongoing efforts to coordinate with G7 allies and potentially impose tariffs on an additional €72 billion worth of US goods.
- EU eyes 3rd retaliatory strike against Trump that would hit services politico.eu
- Trump Has Promised More Tariffs on Mexico. What Happens Next? The New York Times
- EU warns that its trade with the US could be effectively wiped out if Trump follows through on his threat CNN
- EU trade chief heads to Washington in search of tariffs solution Reuters
- ‘Just look at what happened last time’: US exporters fear Trump trade war fallout Politico
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