BlockBeats News, April 6th, according to foreign media reports, European Union countries will seek to form a united front in the coming days to retaliate against Trump's tariffs. The EU may approve a first set of targeted retaliatory measures against US imports worth up to $28 billion, including products such as dental floss and diamonds. The European Commission will present member states with an additional list of US products subject to extra tariffs on Monday evening in response to Trump's steel and aluminum tariffs, rather than broader retaliatory tariffs. Luxembourg will host the EU's first political meeting on the bloc's response to Trump's comprehensive tariffs on Monday, where trade ministers from the EU's 27 member countries will discuss the impact of the tariffs and exchange views on how best to respond. EU diplomats say the main purpose of this meeting is to convey a unified message that they wish to negotiate with the US to remove the tariffs, but are prepared to take retaliatory measures if negotiations fail. (Golden Finance)
