EU warns of 'countermeasures' after Trump announces 30 percent tariffs
European Union officials warned on Monday that countermeasures are still on the table if they cannot reach a trade deal with the United States to avoid the 30 percent tariffs that President Trump announced over the weekend would take effect on Aug. 1.
The EU, which negotiates trade deals on behalf of 27 member states, responded to Trump’s surprise announcement by delaying its own planned countermeasures until Aug. 1 to allow time to negotiate a trade deal with the United States.
EU leaders, who met in Brussels on Monday, expressed optimism at the prospect of a trade deal but made clear they would not hesitate to reverse course if no agreement is struck by Aug. 1.
“The EU remains ready to react and that includes robust and proportionate countermeasures if required and there was a strong feeling in the room of unity,” Denmark’s foreign minister, Lars Løkke Rasmussen, said after the meeting with EU leaders.
https://www.yahoo.com/news/eu-warns-countermeasures-trump-announces-173810568.html