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Would Europe Actually Retaliate Against Trump’s Tariffs? - Hawaii Tribune-Herald
EUROPEAN UNION, JUL 16 – The European Union plans tariffs on over $100 billion of US goods to counteract President Trump's tariffs and protect EU jobs, covering 6% of US imports, officials said.
- In Brussels this week, European Union officials have spent this week finalizing a retaliatory tariff plan, targeting over $100 billion of American imports.
- Earlier this year, President Donald Trump said he aimed to rebalance the $235.6 billion trade deficit with the EU by imposing tariffs, including a 30 percent plan starting August 1.
- European Union is readying €72 billion in tariffs targeting Boeing airplanes and Kentucky bourbon, as EU officials finalize retaliation plans against US tariffs.
- At a Brussels briefing, EU officials warned, Ursula von der Leyen said, `We will continue to prepare further countermeasures so we are fully prepared,` while Maros Sefcovic said, `We have to protect the jobs, you have to protect the businesses.`
- While preferring negotiation, the EU, as German economic institute IW estimated, could face over €200 billion in costs by 2028.
12 Articles
12 Articles
Germany’s Finance Minister Lars Klingbeil questioned Wednesday the 30 percent tariffs announced by US President Donald Trump for European Union (EU) exports, claiming they will generate losses for both sides. READ ALSO: Russia announces its withdrawal from the 1996 military cooperation agreement with Germany At a meeting with its French counterpart Eric Lombard, Klingbeil urged Washington to negotiate a fair deal, warning that the EU is ready to…
Would Europe actually retaliate against Trump’s tariffs? - Hawaii Tribune-Herald
BRUSSELS — European Union officials have spent this week working to finalize a plan to retaliate against President Donald Trump’s tariffs, laying the groundwork to hit more than $100 billion worth of American imports with levies if negotiations on a new trade deal fail.
European Union officials have been working this week to finalize a reprisal plan against President Donald Trump’s tariffs, laying the groundwork for imposing taxes on US imports worth more than $100 billion in case negotiations on a new trade agreement fail. But a doubt persists around that effort. “If the time comes, will they?” Frances Burwell, a member of the European Center of the Atlantic Council, a research organization, questioned. Block …
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