Trump tariffs: how might the EU respond?

**Title: Tariff Test: How the EU Might Counter Trump’s Trade Strategy**

Schroders’ latest insight, led by European Economist Irene Lauro, analyzes the EU’s potential responses to the reintroduced U.S. tariffs under former President Trump, and the broader macroeconomic implications of an escalating trade dispute.

Key Highlights:

• The EU suspended retaliatory tariffs for 90 days while pursuing a negotiated solution; failure could reignite a full tariff conflict.
• Trump’s demand for $350B in EU fossil fuel imports is unrealistic and politically contentious.
• Potential EU strategies include purchasing more U.S. LNG or defense goods, reducing industrial tariffs, or targeting U.S. services.

Access the full report and explore how tariff tensions could shape Europe’s economic and policy trajectory.