World News

EU and US edge closer to trade war over tariff threats

The European Union says U.S threats to hike tariffs to 30 percent, if a trade deal can’t be reached by August 1st, are “unacceptable and unjustified”. Speaking at a meeting of business ministers in Brussels, the bloc’s trade chief said its 27 member states are committed to finding a negotiated solution but remain ready to react if that doesn’t happen. Donald Trump says any retaliatory measures will see tariffs pushed even higher. TRT World’s Victoria Innes has the latest.

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