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EU response to US tariffs will backfire

Summary by Signs of the Times

The European Commission is reportedly planning to block imports of certain foodstuff from the US. US President Donald Trump has warned that Brussels' potential move to block imports of American soybeans and other foods would only hurt the European Union. The bloc is reportedly mulling countermeasures in response to Washington's recent tariffs. The trade row between the US and the EU has been escalating since Trump announced plans to introduce a …

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The EU will consider upcoming U.S. tariffs on steel and aluminum as it enters the final stages of a review of its steel safeguard measures (see [Ref:2412180032]), with the aim of protecting European firms from import surges caused by the...

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