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EU desperately scrambles to avert Trump tariff threat

Experts warn should Trump act on his threat to impose a 30% tariff on EU imports, transatlantic supply chains would collapse, devastating businesses and wiping out jobs.

1 min read

Jerome Hughes
Press TV, Brussels

EU ministers hold emergency talks in Brussels to assess US President Donald Trump's threat to impose 30-percent tariffs on all imports from the 27-nation bloc.

Economists warn the move, due to take effect on the 1st of August, would have devastating consequences.