5 days ago
France Adds Support for Using Most-Potent Trade Tool on US
A growing number of European Union member states, backed by France, want the bloc to activate its most powerful trade tool against the US should the two sides fail to reach an acceptable agreement by Aug. 1.
The charge to deploy the EU's so-called anti-coercion instrument if President Donald Trump carries out his threat of 30% tariffs is backed by more than half a dozen European capitals, we're told. Several member states are understood to be more cautious, while others have yet to express a position.