EU imposes taxes on iconic American imports
The European Union began enforcing tariffs on U.S. goods Friday, items selected to hurt U.S. President Donald Trump’s political base. The imports covered by the import tax include bourbon, peanut butter, orange juice, and Harley Davidson motorcycles. The new tariffs, adopted in retaliation for Trump’s tariffs on steel and aluminum imports from around the world, cover $3.4 billion in U.S. products. The EU trade commissioner admitted the 28-member bloc chose the items because they are iconically American. The tariff tit for tat is part of a global trade dispute that began with Trump earlier this month. The EU tariffs follow similar moves from China, retaliation for U.S. taxes on $34 billion in Chinese goods.
An actual newsletter worth subscribing to instead of just a collection of links. —Adam
Sign up to receive The Sift email newsletter each weekday morning for the latest headlines from WORLD’s breaking news team.
Please wait while we load the latest comments...
Comments
Please register, subscribe, or log in to comment on this article.