June 2, 2018

EU promises retaliatory tariffs

BBC - Cecilia Malmstrom warned the move by US President Donald Trump would have consequences for the economic recovery of the EU, as well as US consumers.

The EU has issued a 10-page list of tariffs on US goods ranging from Harley-Davidson motorcycles to bourbon.

Canada and Mexico are also planning retaliatory moves against the tariffs.

Ms Malmstrom said the EU would challenge the move at the World Trade Organization (WTO) but that tariffs on US imports were necessary as "we cannot just take these tariffs and stay silent

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