EU’s Juncker says that Trump’s metal tariffs are a ‘lose-lose’ policy

European Commission president Jean Claude-Juncker is back on the mic

  • Says that there is a need for more clarity from the US on tariff exemptions
  • EU is ready for ‘tit-for-tat- levies, and WTO complaints against the US
  • The EU is ready for ‘safeguards’ to protect the European market
  • Expecting more clarity from the US in the coming days

Feels like a broken recorder at this point. Again, more threats of a retaliation by the EU on the tariffs — but once again, yet to deliver on them or provide any concrete details.
Nothing that we haven’t heard before from EU officials on the matter.
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