The European Union is warning U.S. President Donald Trump the bloc will retaliate if he imposes tariffs on EU goods.

Axar.az reports that citing Politico.

The European Commission, the EU’s executive body, said it “regrets” Trump’s decision to impose blanket tariffs on Canada, Mexico and China on Saturday. The U.S. president has vowed to take similar measures against the EU.

“Our trade and investment relationship with the U.S. is the biggest in the world. There is a lot at stake,” a Commission spokesperson said on Sunday. “Tariffs create unnecessary economic disruption and drive inflation. They are hurtful to all sides.”

Nevertheless, the spokesperson said, “the EU would respond firmly to any trading partner that unfairly or arbitrarily imposes tariffs on EU goods.”

France’s Industry Minister Marc Ferracci went further, demanding a “biting” response from Brussels, which manages trade relations on behalf of the EU's 27 member countries.

"Trade negotiations with Donald Trump must assume a form of power dynamic," Ferracci told France Info on Sunday.