Europeans should pay attention to the legal constraints President Trump now faces on throwing tariff threats around.
The IEEPA tariffs have legally collapsed, and the US has launched a bunch of poorly argued 301 cases.
It'll be hard for Trump to even implement the 15% Turnberry tariff.
🚨 The European Commission vows to respond “swiftly and decisively” if Trump goes ahead with his 100% tariff threat:
“The EU and its Member States have the sovereign right to regulate economic activities on their territory, in line with our democratic values and international commitments.”