EU retaliation

EU Vows Firm Response to Trump’s Threatened Tariffs

In response to potential U.S. tariffs, the EU vowed a firm response to any unfair trade practices. French Industry Minister Marc Ferracci advocated for a strong, targeted countermeasure focused on impactful U.S. products to ensure effective negotiation leverage. This call for a “biting” response echoes a similar sentiment from an EU spokesperson, emphasizing the need for a powerful reaction. While German Chancellor Scholz highlighted the value of open trade, he also acknowledged the EU’s capacity for retaliatory action. The EU awaits concrete U.S. decisions before finalizing its countermeasures.

Read More