EU budget commissioner Guenther Oettinger told Sunday's edition of Germany's Welt am Sonntag newspaper: "If European exporters have to pay tariffs, that will become a two-way street. Then US exporters will have to pay tariffs here."
Trump expressed his annoyance with EU trade policy a week ago, saying that it "may morph into something very big." The EU then said it stands ready to hit back "swiftly and appropriately" if Trump imposes unfair trade measures, reported abc NEWS.
Oettinger said: "Anyone who uses the instrument must know that we also have it. And the European market is at least as big as the American one."
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