European Union Fires Back At The United States

Forex News
As a response to Trump’s decision to impose steel and aluminum tariffs, the European Commission has offered 25% tariffs on imports of the US steel, clothing and other industrial production. The Commission is going to target 3.5 billion dollars of such products as T-shirts, whiskey, motorcycles and ladders, imported from the United States. But, there is hope that Donald Trump’s administration will convince the President to back down. In that case, EU wouldn’t have to sign the order.