Discover how Trump’s EU tariffs could be a boon for UK exporters amid rising US-EU uncertainties and changing trade dynamics.

EU trade ministers have agreed that US President Donald Trump's announcement of 30 per cent tariffs on the European Union was "absolutely unacceptable", and they are studying a new set of countermeasures to respond to the move.

A 30% tariff trade war with the US would have “significant” impacts on the Irish economy, including an increasing rate of job losses, ministers will be warned on Tuesday.Simon Harris, the Tánaiste and foreign affairs and trade minister,

Trump is pushing for 15–20 per cent tariffs on EU imports, rejecting recent offers. Talks stall ahead of the August 1 deadline, as both sides prepare countermeasures, raising fears of a potential trade war.

The Government has come up short in its efforts to convince the European Commission not to target US bourbon, Boeing aircraft and agricultural produce in potential retaliatory tariffs.

EU trade chief Maros Sefcovic is set to discuss tariffs in Washington with U.S. officials. Trump threatens a 30% tariff on EU imports starting August 1. In response, the EU has prepared a counter-tariff list worth 72 billion euros.

The EU has issued countermeasures worth 72 billion euros against U.S. imports to mitigate U.S. tariffs. The bloc targets Boeing aircraft, automobiles, and bourbon. The EU also requires its 27 nations to give their approval before the adoption of the list.