EU threatens countermeasures over US tariffs, Trump says he is open to talks

EU trade ministers plan countermeasures to Trump’s ‘unacceptable’ 30% tariffs

EU trade ministers agreed that Trump's announcement of 30 percent tariffs on the European Union was “absolutely unacceptable,"

EU vows 'robust' countermeasures if Trump enacts ’unacceptable’ 30% tariffs

BRUSSELS -- EU trade ministers agreed Monday that U.S. President Donald Trump's announcement of 30% tariffs on the European Union was "absolutely unacceptable," and they are studying a new set of countermeasures to respond to the move.

EU threatens countermeasures over US tariffs, Trump says he is open to talks

Washington has threatened to impose hefty duties from August 1.

Gold Holds Loss as Trump Signals Openness to More Trade Talks

Gold steadied following a modest drop on Monday after President Donald Trump said he was open to more tariff negotiations with major economies including the European Union.

Tariffs: Europe adopts a tougher stance in response to Trump

After the announcement of a 30% surcharge on all European products, the 27 member states are opting for a three-pronged approach: negotiate, prepare countermeasures and form alliances with other major countries to increase their leverage against the US.

EU trade ministers call Trump's 30% tariff 'absolutely unacceptable,' plan countermeasures

The ministers met Monday in Brussels following Trump's surprise announcement of such hefty tariffs, which could have repercussions for governments, companies and consumers on both sides of the Atlantic.