Divided EU scrambles for a response to Trump’s tariffs

EU Calculates Cost of Trump’s Tariff Bazooka

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.The EU is counting the cost of President Donald Trump’s tariff bazooka, as the levies push transatlantic relations to a nadir. French President Emmanuel Macron urged European firms to suspend US investments, with the government eyeing moves to hit America’s tech companies. Outgoing German vice chancellor, Robert Habeck, meanwhile su

Divided EU scrambles for a response to Trump’s tariffs

Also in this newsletter: Solving the Hungarian problem

Even though the EU does not want a trade war with the US, some American goods could still be subject to tariffs and become more expensive for Swedish consumers. “This could include orange juice, peanut butter, bourbon, but also steel,” says Pia Fromlet, a Euroeconomist at the bank SEB.

Ireland urges caution as EU prepares response to Trump’s tariffs on imports into US

Government has been privately urging the bloc not to escalate the brewing trade war

EU adjusts strategy to hit back at US tariffs

Caught by the throat by new US tariffs, the EU is honing its response strategy, attempting to leave a path open to negotiation to avoid a full-blown trade war.

Will Ireland get caught in the crossfire of the EU's response to Trump's tariffs?

The EU is weighing up moves against the US tech sector – a move that would undoubtedly have an impact on Ireland.