Explainer
Why ‘Anti-Coercion’ Tool Is the EU’s Trade Weapon of Last Resort
For the third time in less than a year, the European Union is weighing whether to use its most powerful economic weapon — the anti-coercion instrument — in a dispute with a major trading partner.
US President Donald Trump’s threat to impose tariffs on goods from European nations unless he is allowed to buy Greenland is being seen as a step too far by some EU leaders, and a signal that efforts to accommodate his demands through negotiations have got them nowhere.