President Trump has announced a significant 20% tariff on goods from the European Union, igniting a trade conflict between the U.S. and its longstanding ally. In response, the E.U. is set to unveil its first wave of countertariffs on April 15, targeting a wide array of American products including steel and aluminum, as well as whiskey and motorcycles. European officials are carefully crafting their response to maximize impact on U.S. interests while minimizing repercussions for European consumers and industries within the bloc.
President Trump's imposition of a 20% tariff on EU goods is escalating tensions in a trade war, prompting the E.U. to prepare its countermeasures.
E.U. officials are refining countertariff proposals, expected to be extensive, targeting a range of American products, all in response to U.S tariffs.
Europe's countermeasures aim to balance inflicting pain on the U.S. while minimizing the impact on its own consumers and businesses.
The E.U. is responding to Trump's tariffs strategically, intending to make calculated retaliation as they assess the consequences for their market.
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