President Trump is reportedly considering imposing a minimum tariff of 15-20% on all goods imported from the European Union, according to a Financial Times report. This move could significantly escalate trade tensions between the US and the EU. Such a tariff could impact a wide range of European products, potentially raising prices for American consumers and businesses. Industries that rely on EU imports, from automobiles to luxury goods, would be particularly affected. The proposal signals a potentially more aggressive trade stance from the Trump administration, raising concerns about a broader trade war and its impact on the global economy. Further details and the potential implementation timeline are currently unclear, but the news is likely to unsettle markets and prompt strong reactions from European leaders. The coming weeks will be crucial in determining the fate of this potential policy shift. ```