Trump’s Tariffs Push Economies to Broaden Trade Ties

WATCH: European Union ministers are meeting in Brussels on Monday to discuss trade relations with the US. Oliver Crook breaks down the situation.Source: Bloomberg

The European Union is preparing to step up engagement with other countries hit by President Donald Trump’s tariffs following a slew of new threats to the bloc and other US trading partners.

While there’s always regular contact with other countries, particularly among the Group of Seven, the risk of wider trade wars means “there is this new sense of urgency,” EU chief trade negotiator Maros Sefcovic told reporters Monday as he entered a meeting of trade ministers.