Europe is flirting with a trade 'bazooka' retaliation that threatens America's biggest global advantage

The European Union could roll out a trade "bazooka" if President Donald Trump escalates his tariff threats.

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• Trump escalated his Greenland standoff by threatening new tariffs on EU countries.
• EU leaders said they would consider using an anti-coercion tool, nicknamed a trade "bazooka," in response.
• The tool could strain services, which is the US's advantage in the global economy.

Europe is weighing retaliation if President Donald Trump imposes more tariffs ...