Georg Riekeles, advisor to the E.U. during Brexit negotiations, recommended that Europe respond to U.S. tariffs with threats of substantial duties on American exports. The E.U. retaliated by taxing specific U.S. products but did not implement comprehensive tariffs or employ the Anti-Coercion Instrument, which targets U.S. businesses. Riekeles criticized E.U. leaders, noting their failure to create a significant punitive response. Recently, the U.S. announced a new tariff structure, imposing a fifteen percent levy on many European goods while the E.U. removed tariffs on U.S. industrial products.
Georg Riekeles suggested that the E.U. should respond to Trump's tariffs by threatening hefty duties on U.S. exports to Europe, similar to China's strategy.
The E.U. did retaliate by imposing tariffs on U.S. goods, but ultimately refrained from broader actions such as invoking the Anti-Coercion Instrument.
Riekeles noted that E.U. leaders, including Ursula von der Leyen, did not pursue a comprehensive punitive package against the United States.
The White House recently announced a framework where most European goods face a fifteen percent tariff, while the E.U. agreed to eliminate tariffs on U.S. industrial products.
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