President Trump To Raise Tariffs On Steel And Aluminum Imports

[Angrboda]

https://www.independent.co.uk/news/world...11026.html

The European Union has slapped tariffs on some $3.2bn(£2.4bn) worth of US goods, in retaliation for tariffs the Trump administration imposed on imported steel and aluminium earlier this month.

The EU announced a 25 per cent tariff on American products such as whiskey, tobacco, Harley Davidson motorcycles and peanut butter on Friday. They leveraged another 50 per cent tax on select items such as footwear, some types of clothing, and washing machines, according to the BBC.

The tariffs come weeks after the Trump administration implemented a 25 per cent tariff on steel and 10 per cent tariff on aluminium, affecting trade partners like Canada, Mexico, and the EU. Donald Trump threatened additional taxes on European cars if the EU chose to retaliate.

And who couldn't see this coming? Oh that's right, it's Trump, our supposed "leader."