"Trump's plan has outraged European leaders. "Being a happy vassal is one thing. Being a miserable slave is something else," Belgian Prime Minister Bart De Wever said. French President Emmanuel Macron said Trump's "endless accumulation of new tariffs" were "fundamentally unacceptable." Meanwhile, European Commission President Ursula von der Leyen called for the EU to become "independent" from the U.S. and to make that independence "permanent.""
"Reduce the supply of foreign direct investment into U.S. bonds and equities by incentivizing investors to keep their capital assets in Europe. "European countries own $8 trillion of U.S. bonds and equities, almost twice as much as the rest of the world combined," Saravelos told clients a few days ago. Impose the $100 billion in duties on U.S. imports that were proposed and then dropped when the E.U. accepted a tariff deal last year."
President Trump said at Davos that he would not use force to take Greenland while still pushing tariffs on Europe if Denmark refuses to sell the territory. European leaders reacted angrily, warning against new U.S. tariffs and calling for greater strategic and economic independence from the United States. Wall Street analysts and research firms identified seven possible economic measures the European Union can use in retaliation. Proposed measures include reducing European investment in U.S. bonds and equities, reinstating roughly $100 billion in import duties, using the Digital Services Act to limit U.S. tech firms, instituting "Buy European" procurement rules, and deploying an Anti-Coercion Instrument to target U.S.-linked companies.
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