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EU Threatens US With Counter Tariffs
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The European Union could target Boeing and whiskey-maker Brown-Forman under its plans for retaliatory tariffs if the bloc can’t reach a trade deal with the U.S.
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. Trump on Thursday announced a 35% tariff on Canadian goods.
The European Commission is targeting 72 billion euros ($84.1 billion) worth of U.S. goods - from Boeing aircraft and bourbon whiskey to cars - for possible tariffs if trade talks with Washington fail.
1don MSN
The European Union has prepared a €21 billion ($24.5 billion) list of tariffs on U.S. goods in case trade talks fail, Italy's Foreign Minister Antonio Tajani said in an interview with Il Messaggero newspaper,
If a 30 percent tariff on Mexico goes into affect on August 1, a wide variety of foods will be more expensive, experts warn.
A tariff level of 10% is the best that the European Union can expect from negotiations with the United States, Sweden's Finance Minister Elisabeth Svantesson said on Tuesday.
Donald Trump has threatened Russia with “severe” tariffs and other financial penalties if the war in Ukraine does not end soon, as he pledged to send more weapons to Kyiv through Nato allies. During a meeting in the Oval Office with Nato secretary-general Mark Rutte on Monday,
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