Trump Tariffs: EU Prepares Retaliation as U.S. Seeks Higher Duties

Reported 1 day ago

The European Union is gearing up for a counterattack as President Trump pushes for higher tariffs on EU imports, threatening tariffs of up to 30% due by August 1. While EU member states aim for a trade pact, they are also preparing strict measures against U.S. companies. Concerns rise for various industries, including retailers facing uncertainty over holiday imports, as negotiations remain tense and the potential for a no-deal outcome looms.

Source: YAHOO

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