In a post on his Truth Social platform, Trump said that eight European countries could face tariffs of 10% starting on February 1, with the rates potentially rising later in the year. European markets fell following the remarks, while European Union officials discussed possible countermeasures worth up to €93 billion, according to people familiar with the talks. Analysts warned that the move could hit key industries, particularly the automotive sector, and further strain already fragile trade relations. They also noted that any implementation could face legal challenges in the United States, potentially delaying or limiting the scope of the measures.