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    How the EU succumbed to Trump’s tariff steamroller

    Relief at avoiding trade war is tinged with regret at not taking firmer stand from the start

    Ravi Ananthanarayanan
    ©The Financial Times Limited 2020 Jul 28, 2025 / 09:23 AM IST
    All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
    EU has swallowed a broad-based baseline US tariff of 15 per cent, including crucially for cars, but not for steel, which will be subject to a quota system.
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