European Union, Counter Tariffs
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The European Commission plans to submit counter-tariffs on 93 billion euros ($109 billion) of U.S. goods for approval to EU members, while its trade chief will hold talks with U.S. Commerce Secretary Howard Lutnick.
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DPA International on MSNEU readies US trade retaliation plan worth €95bn as talks continueThe European Commission is seeking the green light from EU member states to impose import tariffs on goods with a total trade volume of around €95 billion ($111. 4 billion) should talks with the United States fail.
In response to America's steel & aluminum tariff plan, ... EU Counter-Tariffs Proposal Is Raising Prospects Of Trade War. Mar. 11, 2018 2:47 PM ET FXE, EUO, ERO-OLD, ...
EU plans countermeasures to new US tariffs, ... Washington said the EU's effective tariff was 39%, ... EU counter-tariffs on the U.S. would raise this to half a percentage point.
EU should reduce all tariffs on U.S. goods to zero and let Trump do the same. That would be fair and square. And Trump couldn’t be yelling about how the EU is ripping the U.S. off.