E.U. Imposes Up To 25 Percent Levy On U.S. Goods, In First Swing At Trump’s Tariffs

ID 367589176 | European Union Tariff © Skypixel | Dreamstime.com — US Tariffs and European Union tariff trade war. (© Skypixel | Dreamstime.com)

By Ellen Francis and Beatriz Ríos

BRUSSELS — The European Union hit back at President Donald Trump’s steel tariffs Wednesday, approving levies up to 25 percent on a broad list of U.S. products, as European leaders attempt a carrot-and-stick approach to bring Washington to the negotiating table.

While the list of products was not made public, a copy of the E.U. plan, seen by The Washington Post, targeted U.S. products including soybeans, meat, iron, steel, textiles, tobacco and ice cream.

The levies, some of which will take effect next week, were a belated response to U.S. steel and aluminum tariffs imposed last month. The E.U. is still formulating a response to other U.S. tariffs, including on cars, as well as to a blanket 20 percent tariff that Trump announced as part of what he called his “Liberation Day” campaign.

The E.U. has pursued a phased, relatively restrained strategy as its leaders weigh the risk of escalation with Washington. But European officials have warned that the Trump administration appears intent on reshaping the global trading system and for the moment appears uninterested in compromise.

Continue reading

Disclaimer

The information contained in South Florida Reporter is for general information purposes only.
The South Florida Reporter assumes no responsibility for errors or omissions in the contents of the Service.
In no event shall the South Florida Reporter be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Service or the contents of the Service. The Company reserves the right to make additions, deletions, or modifications to the contents of the Service at any time without prior notice.
The Company does not warrant that the Service is free of viruses or other harmful components