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Europe's secret 'big bazooka' could be a key retaliatory tool against Trump's new tariffs

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The Anti-Coercion Instrument is a secret weapon the EU has never used before.
In an article published on April 3, 2025, by Fortune, European Commission President Ursula von der Leyen announced plans to implement a "big bazooka" strategy to protect the European Union's economy from potential trade disruptions, particularly in light of possible changes in U.S. trade policies under a potential second term of President Donald Trump. Von der Leyen's strategy includes the possibility of imposing tariffs on imports and exports to safeguard European industries. The article highlights comments from ING President Vitale, who supports the EU's proactive approach, emphasizing the need for Europe to be prepared for any economic turbulence that might arise from shifts in global trade dynamics. The proposed measures aim to ensure the stability and competitiveness of the European market amidst uncertainties in international trade relations.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/03/european-union-ursula-von-der-leyen-europe-tariffs-imports-exports-big-bazooka-vitale-ing-president-donald-trump/ ]