The EU is ready to retaliate against Donald Trump’s 20 per cent tariffs but will first seek to negotiate a deal, the president of the European Commission said as she warned the world would “massively suffer” from the US moves.
Trump on Wednesday unveiled 20 per cent tariffs on the bloc as part of his “reciprocal” tariffs against America’s biggest trading partners. Trump has long accused the EU of “unfair trade practices”.
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