Trump threatens further tariffs as EU, Canada retaliate for those already in place – US politics live

Trump said he would impose additional penalties if the EU follows through with its plan to enact counter tariffs on some US goods next month

Reuters has some more details on comments by Olli Rehn, a European Central Bank (ECB) policymaker, who said that the US administration must be encouraged to avoid leveraging “unnecessary and very harmful” tariffs on Europe through a negotiations solution.

“The simple conclusion is that we should aim at a negotiated solution,” said the Finnish central bank governor at a policy panel in Berlin on Thursday.