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
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How the EU succumbed to Trump’s tariff steamroller

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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