The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a time when the continent is already facing a lackluster economy.

The European Union’s executive branch has vowed to “take firm and immediate action” against U.S. President Donald Trump’s imposition of tariffs on steel and aluminum.

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union.

European leaders said they would respond firmly to higher levies on steel and aluminum, but they had yet to say what that retaliation would look like.

The European Union vowed a response to 25% tariffs President Donald Trump said the US will impose on steel and aluminum imports, escalating a potential trade dispute between transatlantic allies.

The European Union is preparing for a turbulent period in transatlantic relations as the Trump administration's trade policies and tech regulations challenge long-standing agreements and potentially destabilize Europe's economy and security.

U.S. President Donald Trump has tasked his economics team with devising plans for reciprocal tariffs on every country that taxes U.S. imports, raising the risk of a global trade war with American friends and foes.

Donald Trump’s latest plan to slap tariffs on US imports based on sales taxes in their country of origin could shave £16 billion ($20 billion) off UK economic output over the next two years, in what would be a blow to Prime Minister Keir Starmer’s promise to fire up growth.