The article discusses the need for the EU to respond decisively to Trump's trade war, emphasizing the importance of presenting a united front. Tánaiste Simon Harris cautions against premature retaliation using the ACI (anti-coercion instrument), while also recognizing the gravity of the economic challenges posed by Trump's tariffs. The potential consequences on the global economy are dire, with warnings about inflation, job losses, and recession. German officials echo these sentiments, urging a strong, coordinated response reflective of the disruption caused by Trump's policies.
We have every opportunity to react in a united and decisive manner and show we have instruments for action - and they will be used.
His levies may have let loose a whirlwind that could fan the flames of inflation, accelerate job losses and trigger a recession - or worse.
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