EU pledges to hold firm in face of Trump tariff threat [Video]

The European Union has promised a firm response if Donald Trump follows through on a threat to impose tariffs on European goods. 

Over the weekend the U.S. President imposed duties on Chinese, Mexican and Canadian goods, warning that levies on European products would also “definitely happen.” 

Trade between the U.S. and EU is worth roughly $1.6 trillion per year but Trump claims that the relationship is unfair. Europe exported over $500 billion worth of goods to the U.S. in 2023 but imported around $356 billion. 

The U.S. President says that the bloc is “out of line” but EU officials argue that the relationship is balanced out by the U.S. surplus when it comes to the trade in services. 

In response to Trump’s tariff threat, a Commission spokesperson said that the EU will “respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods.” 

It was a …