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EU Plans Measured Retaliation Against Trump's Tariffs

4/4/2025

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Summary

Story summary

The European Union is gearing up to retaliate against President Trump's 20% tariffs on EU goods. French Finance Minister Eric Lombard insists on a measured response, while former Italian Prime Minister Enrico Letta cautions about the looming economic fallout. Meanwhile, China is looking to forge an alliance with the EU to combat U.S. protectionism.

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Story summary

The European Union is gearing up to retaliate against President Trump's 20% tariffs on EU goods. French Finance Minister Eric Lombard insists on a measured response, while former Italian Prime Minister Enrico Letta cautions about the looming economic fallout. Meanwhile, China is looking to forge an alliance with the EU to combat U.S. protectionism.