The European Union is developing a two-step trade strategy to counter Donald Trump, offering him a quick deal if he wins a second presidential term, according to the Financial Times. EU officials believe that a “carrot and stick” approach will be the best response to Trump’s promise to impose minimum tariffs of 10%, which could reduce EU exports by €150 billion per year. Negotiators plan to approach Trump’s team in the event of his victory in the November elections, even before he takes office, to discuss the possibility of increasing EU purchases of American goods. If negotiations to improve …