Tariff wars: How the EU plans to respond to Trump’s 30% trade blow

Before the weekend Donald Trump sent a letter to the European Commission announcing his plans to slap a 30% tariff on nearly all EU imports, starting August 1st. This caught Brussels off guard. An agreement was already on the table,  one that included a painful, but tolerable, 10% base tariff. Most EU member states were…

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Before the weekend Donald Trump sent a letter to the European Commission announcing his plans to slap a 30% tariff on nearly all EU imports, starting August 1st.

This caught Brussels off guard. An agreement was already on the table,  one that included a painful, but tolerable, 10% base tariff. Most EU member states were willing to swallow that to avoid worse. But the 30% tariff had the European Commission rushing for a response. So, what’s von der Leyen’s plan?

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