As Trump’s trade war ripples through Europe, the EU is racing to redraw its global trade map. With long-stalled deals back on the table and new alliances emerging, Brussels is betting on speed and solidarity to weather the current economic storm.
The clock is ticking as the United States and the European Union seek a trade deal before a 90-day tariff pause expires.
Talks on a transatlantic free trade agreement stalled when US President Donald Trump first took office in 2017. Now, his unpredictable tariff policy has only strained relations between Brussels and Washington.
US President Donald Trump’s decision to impose 20 percent tariffs on imports from the European Union has left EU member states scrambling to respond.
Two of the world’s most interconnected global economies are hurtling towards a collision with the US President preparing to unveil a raft of new tariffs on America’s closest trading partners. No one on either side of the Atlantic knows what to expect.