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

President of the European Commision Ursula von der Leyen in Paris, France following the 'Coalition Of The Willing' summit. (Credit: Tom Nicholson—Getty Images)

• President Donald Trump imposed a 20% tariff on all imports from the Europe Union. While the EU aims to strike a deal with the U.S., the bloc has a secret weapon up its sleeve called the Anti-Coercion Instrument. If enacted, the instrument could impose significant economic sanctions on U.S.-based companies within Europe.

President Donald Trump implemented a 20% all-encompassing tariff on the European Union Wednesday, but the bloc has “a strong plan” in its back pocket to pressure the U.S.