#Mercosur deal is great and all, but please tell me my reading skills are trash because this sounds like #EU’s #BigBazooka is off the table for now? 😢
«In what sounded like a reference to tariff threats by U.S. President Donald Trump, the two leaders will say they "oppose the unilateral use of trade measures as well as the impact of non-market policies disrupting global trade."»
Wall Street analysts warn that if the EU activates its 'trade bazooka' (ACI) in response to US tariff threats, US big tech firms could face direct regulatory and market risks, with small caps seen as relative beneficiaries.
The EU seeks to de-escalate the Greenland crisis and prepares a tariff fightback.
European Union leaders face a pivotal week as they seek to defuse tensions with the US while preparing to retaliate should Trump act on his tariff threats.
If diplomacy fails, the EU could revive a €93-billion package of counter-tariffs targeting US industrial and agricultural products, the so-called “trade bazooka”.
#EU #Greenland #Tariffs #Trade #AntiCoercionInstrument #Politics #Trump
What is the EU's anti-coercion instrument, and how does it work?
The ACI allows the EU to shut off access to the European single market representing 500 million consumers. It limits trade licenses and access to public procurement tenders. For American services, it means the European market would be off the table.
Calls grow for the EU to deploy its ultimate trade bazooka as Trump threatens fresh tariffs to force the sale of Greenland. The anti-coecion instrument would shut off access to the European single market, punishing US companies. It is powerful on paper, but untested in real life. #EuropeNews
What is the EU's anti-coercion instrument, and how does it work?
Calls grow for the EU to deploy its ultimate trade bazooka as Trump threatens fresh tariffs to force the sale of Greenland.
The anti-coercion instrument would shut off access to the European single market, punishing US companies.
It is powerful on paper, but untested in real life.
#AntiCoercionInstrument #Tariffs #Trump #EuropeanCommission #Greenland #Trade #Business #Economy #EU #SingleMarket
The European Union is considering activating its 'trade bazooka'—the Anti-Coercion Instrument—in response to U.S. President Donald Trump's tariff threats over the Greenland annexation issue, signaling a potential escalation in transatlantic trade tensions.
The EU-US trade deal is ‘on hold’ after new Trump tariffs.
A landmark transatlantic trade deal will not be approved by EU lawmakers after US President Trump hit European countries with new tariffs as part of his efforts to wrest control of Greenland from Denmark.
The pact cannot be passed in light of threats against Greenland, lawmakers say.
#EuropeanParliament #Trade #AntiCoercionInstrument #EU #Agriculture #Food #Defence #Tariffs #TradeWar #Politics #Economics
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