Latest news with #anti-coercion
Bloomberg
5 days ago
- Business
- Bloomberg
Could the EU Use Its Trade Weapon of Last Resort Against the US?
Could the European Union use its most powerful trade weapon against the US? Alberto Nardelli explains why the threat of US tariffs has some members talking about deploying the bloc's 'anti-coercion instrument." (Source: Bloomberg)
Bloomberg
22-07-2025
- Business
- Bloomberg
Why ‘Anti-Coercion' Tool Is the EU's Trade Weapon of Last Resort
By and Alberto Nardelli Save The European Union has a powerful tool to wield in trade disputes that it hopes it will never need to use. As President Donald Trump ramps up pressure on the bloc with a threat to impose a blanket import tariff of 30% on European goods, some member states are floating the possibility of invoking the 'anti-coercion instrument.'
Bloomberg
16-07-2025
- Business
- Bloomberg
France Adds Support for Using Most-Potent Trade Tool on US
A growing number of European Union member states, backed by France, want the bloc to activate its most powerful trade tool against the US should the two sides fail to reach an acceptable agreement by Aug. 1. The charge to deploy the EU's so-called anti-coercion instrument if President Donald Trump carries out his threat of 30% tariffs is backed by more than half a dozen European capitals, we're told. Several member states are understood to be more cautious, while others have yet to express a position.
