EU Sees Trump’s 10% Tariff as Trigger to Retaliate
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The European Commission finally revealed how it’s planning to react to the likelihood of an additional 10% baseline tariff from the US on EU exports remaining in place.
“We will need to retaliate and rebalance in some key sectors if the US insists on an asymmetrical deal,” the EU’s industry chief, Stephane Sejourne, told Bloomberg this week.