How could Europe retaliate as trade war breaks out - The sweeping round of ‘Liberation Day’ tariffs was unveiled by Donald Trump in the White House on Wednesday - but how will the EU react?
Some Europeans have acknowledged U.S. grievances over trade but wonder whether the Trump administration is serious about finding a middle ground.
Axios Sneak Peek on MSN13h
EU, China and Canada warn U.S. of countermeasures, as trade war heats up"There seems to be no order in the disorder, no clear path to the complexity and chaos that is being created," Ursula von der Leyen said.
France still hopes Europe will avoid a trade war with the United States but it would reply with reciprocal measures if tariffs announced by U.S. President Donald Trump went ahead on Wednesday, said commerce and trade minister Laurent Saint-Martin.
The trade war President Donald Trump promised has begun, threatening the world economy and straining the United States’ longstanding alliances in Europe and Asia.
Trump announces which countries will be hit as UK and Europe brace for ‘Liberation Day’ trade war - US allies among those expecting new trade duties as American stock markets rebound
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European shares slumped to a two-month low on Thursday after a fresh round of aggressive U.S. tariffs, with bank stocks bearing the brunt of fears that the escalating trade war would slam the brakes on economic growth.
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