EU eyes tariffs on $108 billion of US goods over new Trump threat

Contributing sentiments towards policy:

57% : The most immediate and tangible reaction from the EU was that it will halt approval of its July trade deal with the US, which still requires an endorsement from the European Parliament.
56% : Representatives from the EU's 27 countries met Sunday to begin preparing options.
55% : The EU also accepted a 15 percent duty on most exports to the US and 50 percent on steel and aluminum.
54% : The EU is also weighing additional countermeasures beyond the tariffs but will first try to find a diplomatic solution, according to people familiar with the discussions.
53% : They could also involve limiting access to certain parts of the EU market or restricting firms from bidding for public contracts in Europe.
51% : EU leaders will hold an emergency meeting in Brussels later this week to explore possible retaliatory measures.
51% : The party, whose parliamentary group is the second largest in Brussels, supports suspending the trade agreement and called on the EU to examine using the anti-coercion instrument.
49% : Those measures could include tariffs, new taxes on tech companies or targeted curbs on investments in the EU.
46% : The ACI, which has never been used, was designed primarily as a deterrent, and if needed, to respond to deliberate coercive actions from third countries that use trade measures as a means to pressure the policy choices of the EU or its members.
44% : Macron's threat to use the anti-coercion instrument would mark a massive escalation by the EU.
43% : The EU has already approved retaliatory tariffs on €93 billion of US products but suspended their implementation.
42% : French Prime Minister Emmanuel Macron, who called the threat "unacceptable," plans to request that the EU activate its most powerful trade retaliation tool, the so-called anti-coercion instrument.
41% : " US Treasury Secretary Scott Bessent all but dismissed EU threats to halt a tariff deal reached between Trump and the bloc last year, saying on NBC's Meet the Press that the US president is using strategic leverage to get what he wants.
40% : If Trump moves forward with his threat and imposes duties on the countries at the beginning of February, the EU can allow the countermeasures to be reintroduced, said the people, who spoke on the condition of anonymity.
38% : The trade deal, which many in Europe criticized as too lopsided in Washington's favor, saw the EU agree to remove nearly all tariffs on American products.
38% : "If the EU is not able to show solidarity to Denmark and the targeted member states it would loose any credibility or legitimacy.
28% : The European Union is in talks to potentially impose tariffs on €93 billion ($108 billion) of US goods if President Donald Trump follows through on his threat to hit European countries with a 10 percent levy on Feb. 1.
26% : "President Trump has triggered an avalanche that threatens to destroy decades of transatlantic cooperation," Stefan Lofven, president of the Party of European Socialists, said in a Sunday statement.
17% : Read more: EU warns of downward spiral after Trump threatens tariffs over Greenland Trump says 'now it is time' to get Russian threat away from Denmark Europe hits back at Trump tariff threat over Greenland

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.