By Anchal Vohra

Europe’s economic decoupling from America is underway

Facing the threat of U.S. tariffs, the EU is looking for free trade elsewhere

After the Trump administration imposed tariffs on Mexico, Canada, and China, the European Union was expected to be the next in line. Washington did, in fact, impose 25 percent tariffs on steel and aluminum imports from the EU last week, as well as on a range of other commodities including cars and agricultural products by early April.