The EU needs to deploy its 'bazooka' anti-coercion trade weapon and show it means business, since tariff negotiations with the US won't lead to a balanced outcome, the European Commission's former ...

The EU-US trade relationship is mighty. According to the European Council, EU-US bilateral trade in goods and services was worth €1.68 trillion ($1.96 trillion) last year.

Commerce Secretary Howard Lutnick was adamant Sunday that the Aug. 1 date President Trump gave Europe to negotiate new trade arrangements is a “hard deadline.’’ “So on Aug. 1, the new ...