Europe sets plans to hit back at Trump, impose tariffs on US goods

Let's see what the market says,

Navarro said

Let me just say that any country which retaliates against the United States, which is simply trying to get fairness, is making a grave mistake,

Navarro told the Washington Examiner

So I would just caution that retaliation is not a, as they say in game theory, it's not the dominant strategy,

he said

It's a realignment away from a system where the American people and American producers are being exploited by the system itself,

he said

In their brief exchange, President von der Leyen and President Trump agreed to meet,

spokeswoman Paola Piñho said in a post on X after that encounter

Ursula von der Leyencommission President

We believe there are good deals to be made for the benefit of consumers and businesses on both sides of the Atlantic,

Commission President Ursula von der Leyen said in a statement

Maroš ŠefčovičeU trade chief

We do not feel under undue pressure to accept a deal which would not be fair for us,

Sefcovic told the European Parliament on Tuesday,

It is still an option we have [to include services]. It could be part of the mix,

said one senior source

Boeing is very welcome to make comments on this list,

a commission official said, briefing reporters on the list and the rationale for the EU’s approach

Ursula von der Leyencommission President

The EU remains fully committed to finding negotiated outcomes with the U.S.,

commission President Ursula von der Leyen said

All options remain on the table,

the senior official said

It is the unequivocal view of the EU that these [U.S.] tariffs blatantly violate fundamental WTO rules,

the European Commission said in a statement

If we don’t get down from 10 percent, there’s no negotiation, no deal,

they added

The EU's objective is thus to reaffirm that internationally agreed rules matter, and these cannot be unilaterally disregarded by any WTO member, including the US,

the statement underlined

What happens in July depends on where we are in July,

another commission official said

If tariffs stay in place, and that might be a longer time perspective, we will have to rebalance and respond to the unilateral change of the terms of trade by the United States,

he said