Should the European Union target US Big Tech and services in response to President Donald Trump's tariff onslaught? Differences on the key issue were on display on Monday as the EU sought a show of unity on the pushback.

The EU's trade commissioner, Maros Sefcovic, said the 27-country bloc was weighing its response to a "paradigm shift of the global trading system" as Trump's sweeping tariffs sent world markets crashing.

Heading into their first talks since Trump ordered 20 percent tariffs on the bloc's imports, EU trade ministers all agreed: Brussels must negotiate with Washington to avoid a damaging trade war.

But the bloc has already vowed strong countermeasures should negotiations with Trump's team fall short -- and ministers hoped on Monday to narrow their differences over what that response could entail.

France came out swinging before the talks in Luxembourg, urging the EU not to rule out an "extremely aggressive" trade response to Trump.

EU chief Ursula von der Leyen signalled last week that Brussels had different options to respond to the United States, noting the bloc "holds a lot of........

© International Business Times