BRUSSELS (Reuters) -The 30% tariff on European goods threatened by U.S. President Donald Trump would, if implemented, be a game-changer for Europe, wiping out whole chunks of transatlantic commerce and forcing a rethink of its export-led economic model. European ministers meeting in Brussels on Monday remained convinced they can bring Trump back from the brink before his Aug. 1 deadline and reach a deal that would keep the $1.7 trillion two-way trading relationship broadly intact. But the wild swings in Trump’s mood towards the European Union – which he has sometimes labelled as friendly and at other times accused of being set up specifically to destroy the United States – keep the 30% threat very much alive for now.Read More
Analysis-For Europe, 30% US tariff would hammer trade, force export model rethink
