France: EU Ready to Hit Back at Trump's Tariffs with Trade ToolsEU Retaliation Tools Under ConsiderationFeb 21 (Reuters) - Brussels has the tools to hit back at the United States for its latest round of tariffs, France's trade minister Nicolas Forissier told the Financial Times on Saturday. "Should it become necessary, the EU has the appropriate instruments at its disposal," Forissier told the FT.Anti-Coercion Instrument ('trade bazooka')The EU response could include options such as the "trade bazooka", an anti-coercion instrument (ACI) that could affect U.S. technology companies, the newspaper said, citing French officials. Possible ACI MeasuresThe ACI has a broad range of powers from export controls to tariffs on services, as well as excluding U.S. companies from EU procurement contracts, it said. Suspended €90B Tariffs OptionThere is also a suspended package of retaliatory tariffs on more than 90 billion euros ($106 billion) of U.S. goods that could be deployed, the report added. Exchange Rate Note($1 = 0.8489 euros)(Reporting by Ruchika Khanna in Bengaluru; Editing by Jan Harvey)

Source: The Guardian February 21, 2026 20:03 UTC