Brussels is preparing tools to respond to the latest U.S. tariff move, France’s Trade Minister Nicolas Forissier told the Financial Times on Saturday.
The U.S., under President Donald Trump, announced a flat global tariff of 10% after the Supreme Court ruled many previous tariffs were illegal. This has prompted concern among European leaders about the impact on trade and businesses.
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EU’s Options to Respond
The European Commission and EU member states are considering several measures, including:
• Export controls on certain U.S. goods
• Tariffs on services
• Excluding U.S. companies from EU procurement contracts
• Activating a suspended package of retaliatory tariffs covering over 90 billion euros ($106 billion) of U.S. goods
These measures are meant to pressure the U.S. to reconsider or negotiate, while protecting EU industries from unfair competition.
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What This Means
If enacted, these retaliatory tariffs could impact:
• U.S. exporters who sell to Europe
• European consumers if the U.S. responds further
• Global supply chains, potentially causing price fluctuations
The situation highlights the escalating tension in global trade policy, with both sides holding powerful economic levers.
Bottom line: The EU has many options to respond, and the coming weeks could see significant trade moves between the U.S. and Europe, affecting companies and consumers worldwide.
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