EU trade commissioner Malmstrom out on the wires 2 March
- EU is discussing measures such as bringing the issue to WTO, safeguards and possible retaliation
- German economy minister says US tariffs would distort world trade
- Europe will respond accordingly if US follows through on tariff plan
Gloves potentially coming off in the great trade war . Let’s see what Mr T has to tweet on the matter later.
Euro doesn’t care though and EURUSD/EURGBP remain underpinned at 1.2275 and 0.8913
but with EURJPY still a little wobbly at