EU imposes new retaliatory tariffs on US goods
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European Union member states voted Wednesday to approve retaliatory tariffs on $23 billion in goods in response to President Trump’s 25% tariffs on imported steel and aluminum, as the largest U.S. tra...
From LA Times
The European Commission has invited the sectors most impacted by U.S. tariffs to an in-person meeting on Thursday, an invitation letter seen by Reuters showed, as the commission weighs new trade part...
From Reuters
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Europe wants to negotiate, but it is also trying to project strength. As Trump warns nations against retaliation, that strategy could be perilous.
In the hours before fresh tariffs on China went into effect, with imports from the country now carrying a cumulative duty of 104%, the president also touched on what he sees as the country’s attitude to the escalating trade war between Washington and Beijing.
US bourbons and whiskeys were initially in the EU crosshairs, but member nations successfully pushed for their removal to safeguard their own popular alcohol exports.
As the trade ware rages on, here is what to know about tariffs, retaliatory tariffs, section 232 tariffs, trade imbalances and when it all starts
Trump said he will impose the new tax Wednesday if China doesn’t revoke its plans for a 34% tariff on U.S. goods.
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