Ok, we're done with the Israel-Iran war, now back to the US vs World trade war.
The EU is a big one here because it's the strongest trade bloc that the US is negotiating with. They will also find it very hard to compromise given all the countries involved in the negotiations. Ultimately, they will have to decide to roll over or fight back. I expect it will be contentious at some point.
The report from Bloomberg says Boeing could be targetted.
“We will need to retaliate and rebalance in some key sectors if the US insists on an asymmetrical deal,” the EU’s industry chief, Stephane Sejourne, told Bloomberg News, including if the “outcome of the negotiations is that a 10% tariff remains.”
On the upside, the report says 'negotiations have gained speed'.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about eu warns that a baseline trump tariff would still lead to retaliation was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( EU warns that a baseline Trump tariff would still lead to retaliation )
Also on site :
- Here’s how 2025 killed old-school diplomacy
- Quantum Computing in Financial Services Market Set to Reach USD 6.3 Billion by 2032 as Banks Move from Experimentation to Quantum Advantage .. DataM Intelligence
- The Board of Directors of SciBase resolves on a previously communicated rights issue of shares of approximately SEK 83 million