EU should issue ‘smart’ response to US president’s threat of tariffs against several countries, say business leadersMarkets stay calm amid Trump’s gambit, but long-term risks are hugeCould the EU hit back with its ‘big bazooka’?Europe live – latest updatesEuropean industry has hit back at Donald Trump’s “ludicrous demands” to hand over Greenland or face a trade war.A fresh round of tariffs on European exports would cost Germany and Europe dearly, the president of the German auto industry association has said, as she called for a “smart” response coordinated by Brussels. Continue reading... ...read more read less