US President Donald Trump’s team is finalizing the plans for sweeping tariffs ahead of a Rose Garden event scheduled for 4 p.m. on Wednesday, people familiar with the discussions said. European Commission President Ursula von der Leyen said the European Union will use a broad range of options to retaliate against the US if Trump follows through on his threat to impose so-called reciprocal tariffs on the bloc. Bloomberg’s Oliver Crook reports.
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