EU Threatens To Escalate Trade War Against Trump
With Trump's plans for tariff's on imported aluminum and steel on the line, the EU has taken action and propose how they will retaliate against the U.S. if he goes through with it. If this does all happen, we'd see an increase in costs for the U.S. by roughly $3.5B.
The European Union threatened today to impose duties on U.S. bourbon, peanut butter, cranberries and orange juice if President Donald Trump imposes tariffs on steel and aluminum.EU Trade Commissioner Cecilia Malmstrom also said Brussels would take the case to the World Trade Organization and coordinate with other trade partners against the proposed U.S. tariffs.
Photo: CNBC
She also goes on to say the EU will reveal a bigger list with more specific items to be imposed tariffs upon. Thoughts?
Ab saepe quia rerum nisi non. Tenetur aut voluptatum pariatur. Deserunt quas nostrum qui dolorem libero ex.
Et perspiciatis veritatis quae autem magnam qui porro. Et veniam est deserunt odit. Qui explicabo inventore non dolorem officia exercitationem. Veniam velit voluptate nam enim provident doloribus. Accusamus illo explicabo id qui accusamus aut molestiae blanditiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...