HomeBlogUncategorizedWSJ: “Europe draws up retaliatory tariffs for U.S. goods in case no trade deal is reached”

WSJ: “Europe draws up retaliatory tariffs for U.S. goods in case no trade deal is reached”

In Summary from the Wall Street Journal (gated):

The European Union has completed a second list of potential counter-tariffs on U.S. goods valued at €72 billion (US$84 billion), amid rising trade tensions. The list, drafted by the European Commission, targets items such as Boeing aircraft, cars, bourbon, machinery, chemicals, plastics, medical devices, and various agricultural products. Originally covering €95 billion in goods, the scope was narrowed following consultations with businesses and EU member states. The measures still need approval from EU governments, and the Commission has not issued a public statement yet.
This article was written by Eamonn Sheridan at www.forexlive.com.


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