“European leaders vowed on Tuesday to retaliate after President Trump raised tariffs on aluminum and steel to 25 percent, even as they held out hope that they would be able to negotiate a deal with the United States,” the New York Times reports.
“European Union officials have argued that Europe and the United States are deeply intertwined and that igniting a trade war would hurt both sides. But they have also been quietly preparing to hit back against possible U.S. tariffs, and have said they are ready to enact countermeasures if no trade solution can be found.”

