France says EU has tools to hit back at Trump over tariffs

Financial Times: “Should it become necessary, the EU has the appropriate instruments at its disposal,” Forissier said on Saturday.

French officials said it was too early to speculate on an EU response but options included the “trade bazooka”, an Anti-Coercion instrument (ACI) that could affect US technology companies. 

The ACI has a broad range of powers from export controls to tariffs on services as well as excluding US companies from EU procurement contracts…