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Europe considers countering US with trade 'bazooka' over Greenland

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2 hours ago

European countries are weighing plans to ramp up their own tariffs against the U.S. in a trade "bazooka" to counteract pressure from President Donald Trump on Monday.Germany's finance minister, Lars Klingbeil, teased the action Monday while speaking alongside his French counterpart in Berlin. French President Emmanuel Macron also urged the European Union to activate its Anti-Coercion Instrument on Monday, nicknamed the trade "bazooka.""There is a legally established European toolbox for responding to economic blackmail with very sensitive measures. And we should now consider using these measur...

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