Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»EU slaps tariffs on US trucks, cigarettes and ice cream to target Trump’s red states – POLITICO
    Commodities

    EU slaps tariffs on US trucks, cigarettes and ice cream to target Trump’s red states – POLITICO

    April 8, 20252 Mins Read


    Finally, women’s negligées from Ohio and Kentucky, a fan favorite from the Commission’s first proposal, made the final cut; so did men’s undergarments, although they are mostly found in blue states.

    Zooming back

    The trade war unleashed by Trump comes with a hefty price for Washington, as Canada and China have responded to the U.S. president’s deluge of duties with their own counter tariffs.

    Overall, retaliatory measures imposed by China, Canada and the EU will hit nearly $90 billion of American exports.

    Beijing has mainly targeted U.S. produce, slapping a 15 percent duty on commodities like chicken, wheat and corn along with 10 percent on soybeans, meat, fruit and other farm exports. Canada, meanwhile, has imposed two sets of tariffs — 25 percent on a range of agrifood products, and another 25 percent on steel and aluminum products.

    For its part, Brussels has experimented with a carrot-and-stick approach to signal it won’t bow to Trump’s demands while leaving the door open to negotiations. On Monday the bloc offered a “zero-for-zero” tariff scheme on industrial goods covering cars, drugs, chemicals, plastics and machinery among other things. 

    Trump, however, said the offer fell short and urged EU countries to buy $350 billion worth of American energy products to make the trade deficit “disappear … in one week.”

    As a last resort, the bloc could wield its “trade bazooka” to hit U.S. services, which would take the trade war to a whole new level — something not all EU countries are ready to do just yet.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Musique: le metal, exploser les oreilles sans casser la voix

    Commodities

    Strengthening Vietnam-US business partnership in the agricultural sector: Towards sustainable development and trade balance

    Commodities

    La recherche s’attaque au calcul du bilan carbone de l’IA

    Commodities

    Quand le métal devient métaphore de l’élévation : le 71e congrès des Compagnons serruriers du Devoir a réuni plus de 500 personnes à Nîmes

    Commodities

    De Nantes à Clisson, les micros festivals de métal dans l’ombre du Hellfest

    Commodities

    Rome’s Agricultural Renaissance

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    La Nike Shox Ride 2 « Metallic Silver » Mise Sur Un Coloris Futuriste Rétro

    Commodities

    Face aux tensions internationales, les investisseurs se réfugient sur l’or dont la valeur s’envole

    Cryptocurrency

    The Number of Bitcoin Millionaires Has Soared in a Year Amid Latest Rally

    Editors Picks

    Digital Euro 2025:What you really need to know « Euro Weekly News

    May 9, 2025

    Commodities Prices in India: Today’s Rates

    March 12, 2025

    Avec Nickel, on peut créer un compte en Espagne, sans besoin du NIE

    April 6, 2025

    Exploring the future of Bitcoin after the German government’s cryptocurrency sell off

    July 21, 2024
    What's Hot

    Bitcoin ETFs Lose $938M While Aureal One Rises as the Next Big Cryptocurrency to Watch

    February 26, 2025

    Crest. Le festival de métal Bridge to hell revient en septembre

    May 17, 2025

    Canada makes strong arguments for the need for a CBDC – Ledger Insights

    July 16, 2024
    Our Picks

    Silver Storm brewing with multiple +1,000g/t hits

    August 16, 2024

    Cyber fraudsters targeting cryptocurrency investors-Telangana Today

    April 3, 2025

    Analyzing the Impact of Trump’s Latest Announcement on Bitcoin and the Cryptocurrency Market

    August 28, 2024
    Weekly Top

    Ambiance rock garantie au Puy-Sainte-Réparade avec le groupe pop rock Silver Fox au château La Coste

    June 1, 2025

    Quand le métal devient métaphore de l’élévation : le 71e congrès des Compagnons serruriers du Devoir a réuni plus de 500 personnes à Nîmes

    June 1, 2025

    Dividend & Stock Split: TCS, Tata Motors, Coforge Among Shares To Trade Ex-Date This Week

    May 31, 2025
    Editor's Pick

    Copper Country Today – August 11, 2024

    August 10, 2024

    Reno airport sells $238.3 million in bonds for key expansion

    August 20, 2024

    1 Magnificent TSX Monthly Dividend Stock Down 6% I’m Accumulating Now

    May 23, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.