Danish Foreign Minister Lars Lokke Rasmussen has slammed the Trump administration’s proposed 30 percent tariffs on EU exports as “absolutely unacceptable.” Speaking alongside EU trade chief Maros Sefcovic, he said the bloc is open to a fair deal but ready to respond if talks fail, Xinhua reported.

Sefcovic said the EU is preparing €72bn in countermeasures and stressed that any final agreement must be approved by all 27 member states and the European Parliament.