Economics
Trump Pushes EU to Cut Tariffs as Bloc Vows to Resist ‘Bullies’
- U.S.’s Ross to speak with EU officials about trade levies
- European tariffs ‘not fair’ to American producers, Trump says
SocGen's Agbo-Bloua Says U.S. Could Be the 'Last Man Standing' in a Trade War
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The European Union told U.S. President Donald Trump it won’t be cowed by his escalating protectionist rhetoric and talk of punitive tariffs.
“Europe is prepared,” Dutch Finance Minister Wopke Hoekstra said Monday as he headed into a meeting with his counterparts from the rest of the euro area. “We are not afraid, we will stand up to the bullies,” Trade Commissioner Cecilia Malmstrom said earlier in the day.