Trump tariffs loom over Europe: Is a US-EU commerce warfare inevitable?

There’s nervousness in Brussels concerning the incoming US administration. That isn’t simply all the way down to Donald Trump’s plans for Ukraine, but additionally due to his pledge to slap tariffs on EU items of at the least 10 p.c. Trump insists that the EU must “pay a big price” for not shopping for sufficient American exports. That might hit key industrial sectors arduous, not least automotive manufacturing. And officers from the European Central Financial institution at the moment are warning of the injury that US tariffs would do to financial development within the eurozone. However is a commerce warfare inevitable, or might the 2 sides negotiate an off-ramp? We put the query to 2 MEPs.

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