healthmyths
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Juncker responds to Trump's trade tariffs: 'We can also do stupid'
European Commission chief Jean-Claude Juncker has vowed to fight back against US President Donald Trump's threat of a 25% tariff on steel and 10% on aluminium imports.
"So now we will also impose import tariffs. This is basically a stupid process, the fact that we have to do this. But we have to do it. We will now impose tariffs on motorcycles, Harley Davidson, on blue jeans, Levis, on Bourbon. We can also do stupid. We also have to be this stupid," he said in Hamburg on Friday evening.
And so it begins. The cheers of the US steel makers will soon be drowned out by the yelps of the bourbon distilleries and in the end nobody wins.
So tell me is this called "fair trade"?
He said the recent decision of the Indian government to reduce the tariff from 75 per cent to 50 per cent was not enough and asked that it should be reciprocal, as the US imposes "zero tax" on the import of motorcycles.
Trump slams India for high import tariffs on Harley-Davidson - Make Harleys cheaper