EU Warns Trump That Car Tariffs Would Prompt Retaliation
- European government leaders pledge response to protectionism
- EU summit stance highlights risks of escalating trade war
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European Union leaders vowed an unwavering response to President Donald Trump’s protectionism, signaling a readiness to retaliate should the U.S. escalate a trade war with tariffs on cars.
The EU government heads repeated criticism of U.S. duties on foreign metals and expressed support for the bloc’s retaliatory action over those levies, which Trump has justified on national-security grounds. The EU reacted last week by imposing tit-for-tat tariffs on 2.8 billion euros ($3.2 billion) of imports of U.S. goods ranging from motorcycles to orange juice.