EU has ‘strong plan’ to hit back at US
The European Union has a “strong plan” to retaliate against tariffs imposed, and set to be imposed, by US President Donald Trump, although it would prefer to negotiate a solution, EU executive chief Ursula von der Leyen says. The Trump administration put in place tariffs on imported steel and aluminium in March and higher duties on cars will take effect on Thursday. Trump will also set out plans for “reciprocal tariffs” on Wednesday. Von der Leyen said she understood US arguments that others had taken advantage of global trade rules, adding the EU had suffered too.
Reuters