European officials are weighing deploying a tool called the anti-coercion instrument that would potentially target American tech and financial giants.
Not even America’s closest trading partners were spared by a policy broadside that spooked investors and left policymakers scrambling to formulate responses.
Service sectors make up the vast bulk of the American economy, which gives trading partners some clout in trade negotiations.
The secretary of state’s trip comes amid an abrupt shift in relations between the United States and Europe after close cooperation during the Biden era.