Rima Grace

The trade bazooka is more formally known as Europe's anti-coercion instrument.

The trade bazooka is more formally known as Europe's anti-coercion instrument.

Maitien describes it as a regulation that says if another country is putting some kind of financial pressure on the EU to force a policy change, the EU, which is not known for being quick, can quickly hit back, unleashing tariffs against certain goods or even restricting certain companies from operating in Europe.

Maitien describes it as a regulation that says if another country is putting some kind of financial pressure on the EU to force a policy change, the EU, which is not known for being quick, can quickly hit back, unleashing tariffs against certain goods or even restricting certain companies from operating in Europe.

Maitien says before that can happen, the regulation requires that the EU try to negotiate with the U.S.

Maitien says before that can happen, the regulation requires that the EU try to negotiate with the U.S.

And he says European leaders don't really want to restrict trade.

And he says European leaders don't really want to restrict trade.

In other words, it would be bad for everyone if we stopped using each other's stuff.

In other words, it would be bad for everyone if we stopped using each other's stuff.

Even if the U.S.

Even if the U.S.

and the EU work past this, Carleton College economics professor Ethan Strube says this has profoundly hurt our relationship.

and the EU work past this, Carleton College economics professor Ethan Strube says this has profoundly hurt our relationship.

I think that the U.S.

I think that the U.S.

's credibility on trade with Europe is pretty shot.

's credibility on trade with Europe is pretty shot.

If it's not shot with European leaders, it is certainly shot with the European public.

If it's not shot with European leaders, it is certainly shot with the European public.