The EU talkedly talks over the tariffs on Trump in the hope of the reversal

In principle, it was wrong that German Chancellor Olaf Sholtz described new tariffs on Trump.

A one -sided attack is the opinion of Spanish Prime Minister Pedro Sanchez.

French President Emmanuel Macron called them cruel, unjustified and certainly had a “large -scale influence” on the European economy.

He convened an emergency meeting with representatives of the French business, most affected by the recently announced 20% of the EU goods sold in the United States, and issued a call for weapons to European business “not investing in America for a while until we specified things.”

“What message would we send if big European players invest billions of euros into the American economy at a time when (USA) hit us?” he said.

For France, it is wine, champagne and aviation industry, for Germany it is cars, and for Italy it is luxurious goods. It is common knowledge that these sectors are sold well abroad and are now at risk of collecting taxes on US imports.

Overall, chemicals, machines and equipment in the EU are considered as the most vulnerable to tariffs.

But dig a little deeper, and there are other EU sectors that depend on the US market that can be a surprise.

French cognac, which is usually rejected as a heartfelt in Europe, a choice of choice for many American rappers playing a prominent role in music and lifestyle such stars as Jay-Z, 50 Cent and Snoop Dogg. More than 40% of French brandy is exported to the US.

Spain exports a lot of gas turbines to the United States as well as tons of olive oil.

If we see which EU countries are most exposed to the US in terms of GDP, the picture is also not quite what you can imagine.

Ireland is highly dependent on the US in terms of goods and services. Those exports are much related to the pharmaceutical industry (which is currently released from 20% of the tariffs until the US is increasing its own production), and make up a fifth of Ireland’s GDP.

Cyprus, Luxembourg and Malta are more exposed to than average services.

Belgium, the Netherlands and Slovakia are in a similar position when it comes to goods.

Germany has more impact on the United States than other large economies in the EU, is more than 5%of GDP, followed by Italy (about 4%), France (3%) and Spain (just over 2%). These figures were collected in 2024 Caixabank Research based on Eurostat numbers for the previous year.

The reaction to the new tariffs to the United States is coordinated by EU Kokvatter headquarters in Brussels. The European Commission deals with all universal trade issues for the block members.

Ursula von der Leyen, President of the commission of Ursula von der that they keep “a lot of cards”, including forces to negotiate and power.

The US economy is powerful. It is 25% of global GDP.

But the EU’s only 450 million market (the world’s largest market) is very close in size by 22% of global GDP.

Yes, yes, the EU can bite – strongly – as well as a bark when it comes to revenge against Donald Trump’s tariffs. Especially when EU data, BLOC is focused on US services such as Big Tech, may, including Apple, Meta, Amazon and even the Elon Musk Platform.

But this risks the Trump administration with a new reaction. And the EU wants to avoid enhancing ante.

If you consider politics, not just the economy, the EU has less capacity for maneuver than you might think.

Take energy supplies, the EU buys the liquidated natural gas (MPG) after it has been tucked with Russian gas after a full -scale invasion of Ukraine.

It is difficult to reduce or largely the taxation of this import. This will greatly affect the EU consumers, not only in the US, and it would have worse with the US.

Think about all recent lines about defense and Ukraine costs. In addition to the economic hell, which the EU sees and hopes to avoid new tariffs on Trump, the block also wants to go to a trade war with a country that used to be the best friend of Europe.

So, Brussels’s plan: threatens a great revenge, I hope Donald Trump convinces to agree, and then pray that he will make the turn.

EU Commissioner Maras Sefkovich says he talks to his American colleagues on Friday. This is the opening of Gambit. The EU is in no hurry to avenge.

The Trump administration has excluded any country that discusses leaving new tariffs before they live this weekend. But after that, what can offer US president to convince him?

Trump is burned against EU massive surplus. It sells much more goods than buying in the US. The excess for 2024 amounted to about 200 billion dollars (180 billion euros; $ 153 billion).

On the contrary, when it comes to services – the US is sold much more EU than the other way around. That is why the EU believes that its main emphasis will lie in services such as banks and great technologies.

In order to correct the imbalance of goods, the EU can offer to buy more MPs in the US or more military equipment, after Washington’s promise to do more for its own safety.

But this would violate another promise of the EU – to increase the knocking out of the European weapon industry while trying to buy the EU when the EU countries are overlapping. This is what the United States has already objected to, so it’s difficult.

Brussels can also reduce direct and indirect tariffs for US goods. It may lose quotas for US agricultural products.

It would be very reluctant to fulfill the others who ask us: watering it by many digital rules aimed at restriction of monopoly and placement of speech restrictions and content in the EU.

As you appreciate the possible collapse of the international trade system, EU officials ask.

European firms cause their markets flooded with cheap goods from non -EU countries, which have also suffered from tariffs for Trump and seek to sell elsewhere.

The risk is very real when it comes to China. Trump claps more than 50% of Beijing’s tariffs when you add.

Will the EU have to strengthen its import duties on Chinese goods to protect itself, and this can lead to an unintentional trade war with China?

These are anxious and extremely uncertain economic times.

That is why the European Commission states that it also wants to focus on the issues that it can control – if the EU capital agrees – and it reduces domestic barriers in the EU’s single market.

These barriers, such as tax regimes, range from country to country and affect the overall economic growth and competitiveness of the EU.

The IMF expects that they are equivalent to 45% in EU production; 110%when it comes to services.

This is much higher than the tariffs now imposed on the EU by Donald Trump.

EU countries say they are united in combating them. So far, they have been divided for completing their own domestic market.