The European Union received yet another attack from the US President on Wednesday 26 February, with the announcement of a flat tariff of 25% on all European products (see EUROPE B13588A8). The measure has not yet been implemented, but Donald Trump says it will be soon. This would be very bad news for the European Union, which is why it is still seeking to negotiate with its partner on the other side of the Atlantic, before imposing countermeasures.
Rather than having been created to harm...