Trump Prepares Sweeping New Tariffs Targeting EU as Trade War Escalates

The US President is set to announce reciprocal tariffs on April 2, while the EU readies countermeasures and seeks negotiation to avert economic fallout.

Donald Trump is expected to unveil new tariffs on April 2, potentially targeting all imports with reciprocal or blanket measures, with a particular focus on the European Union.
The EU has prepared a response plan, including reintroducing suspended tariffs on US goods like jeans, whiskey, and motorcycles, and considering taxes on digital services provided by US tech companies.
Trump's proposed 25% tariffs on imported cars and auto parts are set to take effect on April 3, posing a significant threat to the German automotive industry.
The trade dispute highlights broader economic risks, with analysts warning of potential inflation, supply chain disruptions, and job losses on both sides of the Atlantic.
While the EU emphasizes its preference for negotiation, it has warned of 'maximum impact' retaliatory measures if the US proceeds with its aggressive tariff strategy.