With US trade deal prospects bleak, EU signals readiness for the long haul
By Joanna Sopinska ( May 8, 2025, 16:36 GMT | Comment) -- The EU is acting on uncertainty in US trade talks by preparing measures that could effectively counter the Trump administration's “reciprocal” and car tariffs in the long run. In a 100 billion-euro package it targets US imports of such sensitive goods as aircraft, cars and car parts, agricultural products and chemicals, and also includes a few strategic EU goods that might be subject to export restrictions. The signal? Europe is digging for a drawn-out battle.With the outcome of EU trade talks with the US remaining uncertain, the European Commission is readying measures that could effectively counter the Trump administration's “reciprocal” and car tariffs in the long run....
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