After Donald Trump announced his latest set of tariffs, much of the discussion has focused on how countries respond.
We’re now hearing that the European Union is preparing its “calibrated” response to “achieve the intended impact”.
“We have this announcement on cars. Next week we understand that a new suite of measures from the US, what they’re calling their reciprocal tariffs, will come into force,” European Commission spokesman Olof Gill told reporters.
“We regret all of these, but we are preparing for all of these”.
Gill said that while he can’t disclose exact timings for Europe’s response, he insisted it will be “timely” and “robust”.
That comes after Trump took to Truth Social earlier this morning with a renewed threat for the EU.
“If the European Union works with Canada in order to do economic harm to the USA, large scale tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!”