A round-up of reactions from European leaders in response to Trump’s tariff threats.

  • Echo Dot@feddit.uk
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    3 days ago

    Translation for anyone that needs it

    The EU is expected to wait with tougher measures after Donald Trump’s recent tariff threat and wants to negotiate primarily, Politico reports, citing sources.

    This weekend, the EU discussed tariffs on US goods worth nearly SEK 1,000 billion and the possibility of activating the EU’s so-called trade bazooka, Anti-Coercion Instrument (ACI), which could mean that access to the EU’s internal market is closed off.

    But so far there is no majority of member states to activate ACI, despite pressure from France, the sources say.

    Instead, the strategy is to wait and see what Trump actually does. No sharp decisions are expected at this week’s extraordinary EU summit on 22 January. Any major decisions are expected at the earliest in early February, the newspaper said.