⭕ In a new escalation that threatens to ignite a transatlantic trade war, U.S. President Donald Trump has threatened to impose tariffs exceeding 30% on European Union imports if the bloc retaliates with countermeasures against the proposed U.S. tariffs.

⏪ This warning came after the European Commission unveiled a new list of U.S. goods worth 72 billion euros (84.1 billion dollars) that could be subjected to tariffs if ongoing trade negotiations with Washington fail before August 1st.

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