Trump's 30% tariff threat would 'practically prohibit' trade
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The President also threatened reciprocal tariffs on any countermeasures from the EU - the consequences could not be greater
German Finance Minister Lars Klingbeil warns the EU to act firmly if tariff negotiations with the US fail. Amid escalating trade tensions, President Trump's proposed tariffs on EU imports intensify. EU favors negotiation but is ready for countermeasures.
1don MSN
The European Union has prepared a €21 billion ($24.5 billion) list of tariffs on U.S. goods in case trade talks fail, Italy's Foreign Minister Antonio Tajani said in an interview with Il Messaggero newspaper,
The European Union remains hopeful of reaching a trade agreement with the United States despite President Donald Trump's intensified threat of