The European Union is bracing for a major trade conflict with the United States as former President Donald Trump threatens to impose sweeping tariffs of up to 30% on EU exports. With an August 1 deadline approaching and negotiations stalling, European officials are preparing a range of countermeasures, including digital service taxes and the activation of the powerful 'Anti-Coercion Instrument.' The EU's response could go far beyond simple tit-for-tat tariffs, potentially targeting key American industries and technology firms. European leaders have called Trump's tariff demands 'unacceptable' and warn that such measures could severely damage the global economy. As both sides dig in, the risk of an all-out trade war is rising, with billions in exports and thousands of jobs at stake.
Be the first to reply to this general discussion.
