>The suspended tariffs apply to products ranging from boats to bourbon to motorbikes, and the EU said it would now start a two-week consultation to pick other product categories.
…
The proposed target products include industrial and agricultural products, such as steel and aluminium, textiles, home appliances, plastics, poultry, beef, eggs, dairy, sugar and vegetables.
Once more demonstrating that while Trump plays checkers with his forehead, the adults in the EU are playing chess.
The motorbikes / bourbon move have always been to hammer the Red States, but I can’t help wonder if now hitting things like eggs the EU are trying to hang Trump with the Cost of Living items he had much such a stink over, voters buying into his wild promises to solve the crisis. Take a look at US social media and there’s a *lot* of chatter around Eggs alone*.*
ThatDBGuy on
Relevant section of the article;
The European Union will impose counter tariffs on €26 billion ($28bn) worth of US goods from next month, the European Commission said, ramping up a global trade war in response to blanket US tariffs on steel and aluminium.
US President Donald Trump’s increased tariffs of 25% on all steel and aluminium imports have taken effect as prior exemptions, duty free quotas and product exclusions expired.
The European Commission said it will end the current suspension of tariffs on US products on 1 April and will also put forward a new package of countermeasures on US goods by mid-April.
The suspended tariffs apply to products ranging from boats to bourbon to motorbikes, and the EU said it would now start a two-week consultation to pick other product categories.
The new measures will target around €18bn in goods, with the overall objective to ensure that the total value of the EU measures corresponds to the increased value of trade impacted by the new US tariffs, the EU said.
The proposed target products include industrial and agricultural products, such as steel and aluminium, textiles, home appliances, plastics, poultry, beef, eggs, dairy, sugar and vegetables.
“Our countermeasures will be introduced in two steps. Starting with 1 April and fully in place as of 13 April,” European Commission President Ursula von der Leyen said in a statement.
“We are ready to engage in meaningful dialogue. I have entrusted Trade Commissioner Maroš Šefčovič to resume his talks to explore better solutions with the US,” she added.
Mr Trump’s action to bulk up protections for US steel and aluminium producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and cans.
4 commenti
Trump is guiding the world recession-ward.
I’m glad I bought my counter already.
>The suspended tariffs apply to products ranging from boats to bourbon to motorbikes, and the EU said it would now start a two-week consultation to pick other product categories.
…
The proposed target products include industrial and agricultural products, such as steel and aluminium, textiles, home appliances, plastics, poultry, beef, eggs, dairy, sugar and vegetables.
Once more demonstrating that while Trump plays checkers with his forehead, the adults in the EU are playing chess.
The motorbikes / bourbon move have always been to hammer the Red States, but I can’t help wonder if now hitting things like eggs the EU are trying to hang Trump with the Cost of Living items he had much such a stink over, voters buying into his wild promises to solve the crisis. Take a look at US social media and there’s a *lot* of chatter around Eggs alone*.*
Relevant section of the article;
The European Union will impose counter tariffs on €26 billion ($28bn) worth of US goods from next month, the European Commission said, ramping up a global trade war in response to blanket US tariffs on steel and aluminium.
US President Donald Trump’s increased tariffs of 25% on all steel and aluminium imports have taken effect as prior exemptions, duty free quotas and product exclusions expired.
The European Commission said it will end the current suspension of tariffs on US products on 1 April and will also put forward a new package of countermeasures on US goods by mid-April.
The suspended tariffs apply to products ranging from boats to bourbon to motorbikes, and the EU said it would now start a two-week consultation to pick other product categories.
The new measures will target around €18bn in goods, with the overall objective to ensure that the total value of the EU measures corresponds to the increased value of trade impacted by the new US tariffs, the EU said.
The proposed target products include industrial and agricultural products, such as steel and aluminium, textiles, home appliances, plastics, poultry, beef, eggs, dairy, sugar and vegetables.
“Our countermeasures will be introduced in two steps. Starting with 1 April and fully in place as of 13 April,” European Commission President Ursula von der Leyen said in a statement.
“We are ready to engage in meaningful dialogue. I have entrusted Trade Commissioner Maroš Šefčovič to resume his talks to explore better solutions with the US,” she added.
Mr Trump’s action to bulk up protections for US steel and aluminium producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and cans.