As an ICYMI, US presidential contender Trump is preparing a load of punitive trade measures targeting the European Union.
Info comes via Bloomberg (gated), citing "people familiar with his team’s nascent economic-platform discussions."
- A likely starting point in a second Trump administration would be the EU’s inclusion in a broad minimum 10% tariff, which would also be applied to China
- He might also assemble counter-measures against European digital services taxes that implicitly go after US technology champions, using Section 301 of the US trade law
- The potential measures against Europe also would serve as a major component of a broader initiative to overhaul US trade in goods.
More at that link if you can access it.
![trump china](https://images.forexlive.com/images/trump%20china_id_766795f1-7cd1-4bcc-9513-26c464b5c6c5_original.jpg)
(and the EU)
The election is in November, if Trump wins watch for these measures. They will likely to be well discoutned into the EUR by then I ould imagine.