The EU is not yet retaliating (the tariffs mentioned in the article are retaliation for the US's steel and aluminium tariffs from last month, not the most recen

The EU is not yet retaliating (the tariffs mentioned in the article are retaliation for the US's steel and aluminium tariffs from last month, not the most recent batch), and is negotiating; as I mention there was a zero-for-zero option. Retaliation for the current round of tariffs is currently under discussion. Make no mistake, it'll be the same in Japan and SK. At least the credible threat of retaliation, if not retaliation already in action (the China approach) is required for any real negotiation.