EU to Ramp up Retaliation Plans
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Discover how Trump’s EU tariffs could be a boon for UK exporters amid rising US-EU uncertainties and changing trade dynamics.
EU trade ministers have agreed that US President Donald Trump's announcement of 30 per cent tariffs on the European Union was "absolutely unacceptable", and they are studying a new set of countermeasures to respond to the move.
EU should reduce all tariffs on U.S. goods to zero and let Trump do the same. That would be fair and square. And Trump couldn’t be yelling about how the EU is ripping the U.S. off.
The EU also faces 25% U.S. tariffs on steel and aluminium tariffs, on cars from Thursday and on car parts within a month, with pharmaceuticals possibly to come.
EU Waits on Counter Tariffs. Ursula von der Leyen, President of the EU’s executive branch, ... They plan on setting tariffs on US goods like soybeans, motorcycles, chewing gum, and other products.
In response to America's steel & aluminum tariff plan, ... EU Counter-Tariffs Proposal Is Raising Prospects Of Trade War. Mar. 11, 2018 2:47 PM ET FXE, EUO, ERO-OLD, ...
U.S. President Donald Trump threatened Wednesday to hit back against Europe’s own retaliatory move against the U.S.’ 25% tariffs on steel and aluminum imports.