The EU has enormous economic clout as the biggest single market in the world, but does not want to risk a backlash.

Economists tell Euronews Trump's rates are not in any way based on the tariffs imposed by the US' trading partners and therefore cannot be considered an equal measure. View on euronews

Donald Trump has lashed 20% tariffs on all goods that come into the US from the EU. Pharmaceuticals will not be included in this for now