The EU has a “strong plan to retaliate” against US tariffs expected on Wednesday, the president of the European Commission has said.
Ursula von der Leyen told the European parliament on Tuesday that the bloc was prepared to hit services exports including those from Big Tech companies if US President Donald Trump imposed “reciprocal tariffs” on all imports into the US.
Brussels would negotiate “from a position of strength”, she said. “Europe holds a lot of cards. From trade to technology to the size of our market. But this strength is also built on our readiness to take firm countermeasures. All instruments are on the table,” she said.
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