EU Finance Chiefs Urge Caution in Retaliation Over Trump Tariffs
German Finance Minister Joerg Kukies called for Europe to “constructively engage” with the new administration, adding that it’s not yet clear what steps Trump might take.
Photographer: Liesa Johannssen/BloombergThis article is for subscribers only.
European Union finance chiefs warned against precipitous moves to counter Donald Trump’s threats of tariffs on goods from the bloc after he returns to the White House.
“We need to be careful that we don’t get into a tit-for-tat of retaliatory measures and protectionism, which will add significant costs and burdens,” Irish Finance Minister Jack Chambers told reporters ahead of a meeting of EU counterparts.