The EU now has a freshly compiled list of €72bn worth of American imports to target with retaliatory tariffs, sitting alongside an already announced €21.5bn salvo in response to Mr Trump’s earlier steel and auto levies.

Coercion Instrument" (ACI) was created in 2023 but has never been used by the EU before/The European Union appears to be considering whether to deploy its "Anti-Coercion Instrument" — characterized as a "nuclear option" to try to deter trade disputes — as the threat of a 30% tariff on EU imports looms large.

The European Union is preparing additional counter-tariffs on imports from the US worth €72 billion ($84 billion), EU Trade Commissioner Maroš Šefčovič said on Monday, following new tariffs announced by US President Donald Trump.

Trump recently announced that he is imposing 30 per cent tariffs on imports from the European bloc as of August 1.

The EU on Monday unveiled a list of US goods worth €72 billion it could target with tariffs if trade talks fail, after Trump threatened to hit EU exports with 30% duties from August 1. Brussels

European companies are expected to report a drop of 0.3% in second-quarter earnings, on average, according to LSEG I/B/E/S data. That is slightly above the 0.7% fall analysts expected a week ago.

President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and consumers on both sides of the Atlantic.

BRUSSELS, March 12 - The European Union will impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month, the European Commission said on Wednesday, ramping up a ...

After the punitive tariffs announced by US President Donald Trump came into force on Wednesday morning, the European Union (EU) responded with countermeasures of its own. However, these are ...

Trump hit EU imports with a 20 percent tariff on April 2, claiming the EU already had tariff measures against the U.S. that equated to 39 percent. This came after he imposed 25 percent tariffs on ...