www.bloomberg.com
The European Union is preparing countermeasures, potentially imposing tariffs on $108 billion (€93 billion) worth of US goods. This move is a response to President Donald Trump’s threat of a 10% levy on European imports, scheduled to take effect on February 1. The talks indicate a significant escalation in trade tensions, with the EU ready to retaliate in kind should the US proceed with the proposed tariffs.
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