Macron urges EU to consider trade 'bazooka' in response to US tariffs threat

Switzerland Davos - (Copyright 2026 The Associated Press. All rights reserved.)

Rattled by President Donald Trump's aggression towards Greenland, the European Union is readying counter-measures against the United States.

But as primarily a trading bloc of 27 nations, the EU's toolkit is mostly financial instruments, from steep tariffs on U.S. goods to the so-called “trade bazooka" touted by French President Emmanuel Macron.