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EU warns Trump’s 30% tariffs could cripple transatlantic trade as bloc weighs retaliatory action

Jul. 14, 2025 6:12 AM ETEuro / US Dollar (EUR:USD), GF, SPY, VOO, IVV, SDS, RSP, SSO, EWG, DAX, EWI, EWQ, FGM, UPRO, SPXUEWU, FXB, GREK, EWUS, FKU, FLGR, FLGBBy: Arundhati Sarkar, SA News Editor
American and European Union Flag on Cracked Surface: US-EU Relations: Tensions, Transatlantic Ties, Trade, and Geopolitics Crisis

Trade between the EU and the U.S. would become “almost impossible” if Donald Trump followed through on his threat to impose 30% tariffs, the EU’s trade commissioner warned on Monday.

“If you’re talking about 30% or 30% plus, there will be a huge

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