The gloves are off in what’s shaping up to be the biggest trade battle of Trump’s presidency. After the US President unleashed a blistering attack on the European Union, threatening crippling 50% tariffs, EU leaders fired back with their own defiant response.
In a dramatic turn of events, Trump took to his Truth Social platform to blast the EU as an organization designed to “take advantage” of America, before announcing punitive tariffs that could devastate European businesses. But Brussels wasn’t about to back down without a fight.
EU Trade Commissioner Maroš Šefčovič delivered a pointed response after emergency calls with US officials, making it crystal clear that Europe won’t be bullied into submission. Meanwhile, European politicians across the continent rallied in opposition, with threats of retaliation echoing from Berlin to Dublin.
The high-stakes poker game continues as both sides prepare for what could be an all-out economic war, with billions of dollars and millions of jobs hanging in the balance.