Rattled by US President Donald Trump’s threats over Greenland, the European Union is readying countermeasures against the United States.
As primarily a trading bloc, the EU’s toolkit is mostly financial instruments, from steep tariffs on US goods to the so-called trade bazooka touted by French President Emmanuel Macron.
So far, most of the 27 EU nations remain sceptical about using it.
What is the ‘trade bazooka’?
The term is shorthand for the bloc’s Anti-Coercion Instrument, which includes a…
What is the ‘trade bazooka’ the EU may use against Trump’s Greenland threats?
