US EditionDivided EU scrambles for a response to Trump’s tariffs
- The European Union has struggled to respond to Donald Trump's import tariffs, which will tax European imports at 10% from April 5 and 20% from April 9.
- European Commission President Ursula von der Leyen emphasized the need for negotiation while other EU officials are exploring options for retaliation against the US.
- Ireland is urging caution in the EU's response to Trump's tariffs and indicating open communication with the United States.
- French President Emmanuel Macron announced that a larger package of EU tariffs on US goods would follow Trump's new tariffs.
48 Articles
48 Articles
Europe takes its time to respond to Trump's tariff offensive
The European Commission still hopes to negotiate with Washington to mitigate the damage that the announced tariff increases would cause. The first wave of retaliations, initially set to take effect on April 1, have been postponed for some until mid-April and for others until mid-May.
Europe Has Economic Power. Can It Use It Against Trump’s Tariffs? - Overpasses For America
The European Union, taken as a whole, is America’s biggest trading partner. That makes President Trump’s fresh tariffs especially painful for the 27-nation bloc — but also gives it a uniquely large amount of economic weight to throw around in response. In the hours after Mr. Trump’s sweeping tariff announcement on Wednesday, European leaders began to make clear that they plan to do so. Among the options: to impose trade barriers on U.S. services…
EU Calculates Cost of Trump’s Tariff Bazooka
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.The EU is counting the cost of President Donald Trump’s tariff bazooka, as the levies push transatlantic relations to a nadir. French President Emmanuel Macron urged European firms to suspend US investments, with the government eyeing moves to hit America’s tech companies. Outgoing German vice chancellor, Robert Habeck, meanwhile su
EU's response to Trump tariffs could hit the grocery store
Even though the EU does not want a trade war with the US, some American goods could still be subject to tariffs and become more expensive for Swedish consumers. “This could include orange juice, peanut butter, bourbon, but also steel,” says Pia Fromlet, a Euroeconomist at the bank SEB.
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