
EU’s ‘Nuclear Option’: Anti-Coercion Instrument vs Trump’s Tariff Threat
The EU’s Anti-Coercion Instrument, a ‘nuclear option’, could unleash tariffs, quotas and public tender rules to counter President Trump’s threatened 30% tariffs.
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The EU’s Anti-Coercion Instrument, a ‘nuclear option’, could unleash tariffs, quotas and public tender rules to counter President Trump’s threatened 30% tariffs.
European luxury makers like Lobmeyr say U.S. 30% tariffs may not dent sales, with premium quality and wealthy customers absorbing higher costs.
President Trump says the US is close to clinching a trade deal with India and in talks with the EU, while Canada remains uncertain ahead of the Aug. 1 tariff deadline.
EU trade ministers debate responses to Trump’s 30% tariff threat, extending talks and preparing countermeasures as the August 1 deadline looms.
U.S. President Trump’s new 30% tariffs on the EU and Mexico take effect August 1, raising concerns over global trade disruptions and price hikes.
German finance minister Lars Klingbeil warns the EU to prepare countermeasures after Trump threatens 30% tariffs on EU imports.
President Trump has threatened 30% tariffs on EU and Mexico imports after stalled negotiations, sparking fresh tensions and prompting swift responses from Brussels and Mexico City.
Australia’s Labor government challenges a 100% US tariff on foreign-made films while pursuing EU trade talks and market diversification.
Italian winemakers warn that President Trump’s 20% tariff could slash €323M from revenues and drive up US wine prices.
U.S. tariffs on EU products are hitting Greek olives hard, squeezing margins and prompting growers to rethink export strategies amid broader trade concerns.