The European Union is ramping up talks with Canada, Japan, and others to counter potential U.S. tariffs, as Trump signals a 30% levy on EU goods starting next month.
🔹 Over $96B in U.S. exports could face duties under the EU’s expanded retaliation package.
🔹 Steel, aluminum, agriculture, and auto sectors are in the crossfire.
🔹 Macron and Merz call for EU unity and strong diplomacy, while Brussels prepares countermeasures.
The euro briefly dipped as markets digest escalating trade tension. Meanwhile, Trump’s critique of Powell and looming CPI data add fuel to global uncertainty.
Trade war 2.0? Or high-stakes bluff?
#TradeWar #EUvsUS #Tariffs #Geopolitics #GlobalMarkets
