Reported 9 days ago
The EU is set to counter U.S. steel and aluminium tariffs with tariffs on $23 billion worth of U.S. imports, starting next Tuesday. The initial phase will affect items like steel, corn, and motorcycles, with rates mostly around 25%. Additional tariffs on a wider range of products will follow in May and December, as the EU aims to pressure U.S. businesses to influence Washington's trade policies.
Source: YAHOO