1769013429 unnamed file.jpg

Trump tariff war: What is Europe’s ‘trade bazooka’? How it could hit US

Rattled by US President Donald Trump’s remarks linked to Greenland, the European Union is weighing possible countermeasures against Washington, reviving debate over its so-called “trade bazooka” — a powerful but rarely used economic tool formally known as the Anti-Coercion Instrument (ACI).While the issue has resurfaced at the highest political levels, most of the EU’s 27…

Read More
1768745713 untitled design 8.jpg

Greenland row: France’s Macron urges trade ‘bazooka’ action against US tariffs; seeks activation of EU anti-coercion instrument

AI image (Picture credit: Google Gemini) French President Emmanuel Macron will ask the European Union to activate its powerful anti-coercion instrument if the United States goes ahead with imposing tariffs on European countries amid the standoff over Greenland, according to officials and media reports.Macron’s office said on Sunday that the French president would request the…

Read More