Europe steeled for trade war threat under Trump 2.0
The Peninsula
Brussels, Belgium: Europe is steeled for a potential trade war with Donald Trump after the tariff loving Republican reclaimed the White House, but its...
Brussels, Belgium: Europe is steeled for a potential trade war with Donald Trump after the tariff-loving Republican reclaimed the White House, but its leaders will need to bridge divisions if they hope to fight back.
On the campaign trail, Trump threatened a 10 to 20 percent across-the-board tariff on imports and took aim at the European Union as a "mini-China" he believes is taking advantage of the United States.
Across the Atlantic, officials have been watching with a sinking feeling of deja-vu.
Back in 2018, during his first term, the volatile US leader had slapped tariffs on European steel and aluminium exports -- forcing the EU to respond with its own higher duties.
"To me 'tariff' is a very beautiful word," he repeated on the stump this year.
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