Speaking in the first TV debate before snap elections later in the month, Scholz said his strategy for dealing with Trump is "clear words and friendly conversations." View on euronews

The tool, which was drawn up during Trump’s first term and subsequently used as a deterrent against China, allows the EU’s executive arm to impose restrictions on trade in services if it determines that a country is using tariffs on goods to force changes in policy.

The European Union is striving to demonstrate its economic independence from the United States while remaining dependent on US military protection. It's the bloc's latest challenge in relations with its longtime partner.

The US president also said he will announce reciprocal tariffs on Tuesday or Wednesday, to take effect almost immediately, applying them to all countries and matching the tariff rates levied by each nation.

Keir Starmer is heading to Brussels, becoming the first British prime minster to attend a European Union leaders’ meeting since the U.K. left the bloc five years ago

Donald Trump is considering plans to impose a 10 per cent tariff on the EU, The Telegraph understands. The move would pour fuel on a blooming global trade war, which began at the weekend when the US president slapped sweeping levies on goods imported from Mexico, Canada and China.

European companies are bracing for a financial hit from a potential trade war with the US, with some top executives warning that uncertainty over Donald Trump’s trade policy is already affecting investment plans.

By Julia Payne and Philip Blenkinsop BRUSSELS (Reuters) -Canada wants to deepen its economic ties with the EU and uphold global trading rules in the face of threatened U.S. tariffs, its trade minister Mary Ng told Reuters on Saturday.

As Donald Trump wields the threat of tariffs on EU and even UK goods, which industries would be worst affected and could the two trading partners develop closer ties? Data correspondent Alicja Hagopia