the EU put on hold<\/a> after the signing of a trade deal with the U.S. in July. Such a move could be taken \u201cvery quickly,\u201d compared to some of the other options being discussed, according to a second EU diplomat briefed on the talks.<\/p>\nAn alternative would be to use the EU’s Anti-Coercion Instrument (ACI), the EU\u2019s \u201ctrade bazooka,\u201d designed to penalize countries that use their markets as a tool for geopolitical blackmail, several officials said. This is a stronger measure and would come up against some concern from more cautious members of the bloc. Governments did not ask the European Commission to move forward with the deployment of the tool at this stage, according to three diplomats.<\/p>\n
Before Sunday’s discussions, French President Emmanuel Macron called on Brussels to activate the ACI, which includes restrictions on foreign direct investment and intellectual property protections. Two diplomats said France’s envoy raised the prospect in the room.<\/p>\n
Macron\u2019s office said in a statement issued while the ambassadors were meeting that the president had spoken with Commission President Ursula von der Leyen and NATO chief Mark Rutte, and reaffirmed the importance of a \u201cfirm, united, and coordinated European response through the activation of the anti-coercion instrument should the United States carry out its tariff threat.\u201d<\/p>\n
\u201cThere are many ways forward,\u201d said an EU diplomat. \u201cThere are other diplomatic and economic possibilities to act. Some can be spoken about publicly, others can\u2019t.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cIt\u2019s clear that a line has been drawn and enough is enough,\u201d said one diplomat with knowledge of…\n","protected":false},"author":2,"featured_media":377918,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[143703,11763,459,28722,3602,141,418,143704,144,819,6232,49,2693,13108,465,2797,150,467,50,4160,156,51,47,52,48,426,54,158,2988],"class_list":["post-377917","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-anti-coercion-instrument","tag-antonio-costa","tag-crisis","tag-davos","tag-denmark","tag-donald-trump","tag-emmanuel-macron","tag-eu-summit","tag-exports","tag-france","tag-greenland","tag-headlines","tag-imports","tag-intellectual-property","tag-investment","tag-macron","tag-mark-rutte","tag-markets","tag-news","tag-norway","tag-tariffs","tag-top-news","tag-top-stories","tag-topnews","tag-topstories","tag-trade","tag-united-kingdom","tag-united-states","tag-ursula-von-der-leyen"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/377917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=377917"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/377917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/377918"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=377917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=377917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=377917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}