The EU will propose retaliation for US so-called “reciprocal” tariffs early next week, the European Commission said on Tuesday as it struggles to respond quickly to the trade war begun by President Donald Trump.
Trade spokesperson Olof Gill said the Commission would present its retaliation plan to member states, although it would still prefer to negotiate with the US if possible.
“Our door is open and we are ready to talk,” he said, while admitting that “things are not getting better, they are getting worse”.
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