EU desperately scrambles to avert Trump tariff threat

Experts warn should Trump act on his threat to impose a 30% tariff on EU imports, transatlantic supply chains would collapse, devastating businesses and wiping out jobs.

Trump Tariff supply chain EU crisis transatlantic

Jerome Hughes
Press TV, Brussels

EU ministers hold emergency talks in Brussels to assess US President Donald Trump's threat to impose 30-percent tariffs on all imports from the 27-nation bloc.

Economists warn the move, due to take effect on the 1st of August, would have devastating consequences.