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How to counter Trump's trade war? Anti-coercion, antitrust, and targeted tariffs in view
President Trump has hit Canada, China and Mexico with threatened tariffs in the last week. The EU is waiting its turn and mulling its potential response. #EuropeNews
Having hit Mexico, Canada and China, the EU now appears in Donald Trump's sights with the bloc and its trade surplus described as “an atrocity” by the US president last week. “Very specific customs duties could be applied to everyday consumer goods such as Harley Davidsons and jeans like the EU did in 2018,” Elvire Fabry, expert at the Delors Institute, said. “NATO countries point towards a 3% spending target, which would be strongly in the US interest.” Leaning towards defence procurement as open as possible to collaboration with American suppliers "would be a powerful tool in their hand”, according to Erixon.
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