Finance chief says pension funds could fall by as much as 20pc in ‘doomsday scenario’
US President Donald Trump has threatened much higher tariffs
Niamh Horan and Senan Molony
Today at 03:30
There are “four weeks to save Europe from an all-out trade war” with the US, after President Donald Trump sent shockwaves across Europe with a new threat of rising tariffs to 50pc, sources close to the negotiations have told the Sunday Independent.
But they vowed that Europe won’t be a pushover for US officials after a missive was sent to EU trade commissioner Maros Sefcovic with a list of “unreasonable” and “unrealistic” demands.