bodecea
Diamond Member
- Banned
- #41
Just trumpanzees, eh?Not everyone enjoys taking it up the ass Tammy.EU plans to hit U.S. imports with duties from July
EU members have given broad support to a European Commission plan to set 25 percent duties on up to 2.8 billion euros (2.4 billion pounds) of U.S. exports in response to what is sees as illegal U.S. action. EU exports that are now subject to U.S. tariffs are worth 6.4 billion euros.
“The Commission expects to conclude the relevant procedure in coordination with member states before the end of June so that the new duties start applying in July,” Commissioner Maros Sefcovic told a news conference on Wednesday after he and other commissioners endorsed the plan for duties on U.S. imports.
And
U.S. products on the list include orange juice, bourbon, jeans, motorcycles and a variety of steel products.
But it isnt just Europe.
The European Union, Canada and Mexico have all responded after U.S. President Donald Trump last Friday ended their exemptions from tariffs of 25 percent for steel and 10 percent for aluminium.
Canada has announced it will impose retaliatory tariffs on C$16.6 billion ($12.9 billion) worth of U.S. exports from July 1. Mexico put tariffs on American products ranging from steel to pork and bourbon on Tuesday
But this is the bit that made me chuckle.
Some of the products chosen are designed to target states of senior Republicans who are seeking to retain control of both chambers of Congress in hotly contested November elections.
Trade Wars are easy to win ?
You will lose your jobs and pay more for the goods you buy. #maga