Reported about 18 hours ago
As U.S. President Donald Trump prepares to impose tariffs on steel and aluminum imports, the EU, which maintains a significant trading relationship with the U.S., is considering its response. European Commission President Ursula von der Leyen has indicated that the EU could retaliate with similar tariffs or utilize the Anti-Coercion Instrument to counteract economic pressures. While past actions included imposing tariffs on U.S. goods, the current landscape offers broader avenues, including scrutiny of large U.S. tech firms under EU regulations, highlighting the complexity of transatlantic trade dynamics.
Source: YAHOO