EU Warns of €72 Bln Retaliatory Tariffs Amid Escalating Trade Tensions with US - Times Kuwait
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5 Articles
Additional duties will also be imposed on US machine-building products, chemicals and plastics
American cars, airplanes and whiskey are on the European Commission's list of the next package of retaliatory tariffs against the United States, Bloomberg reports.
EU Tariffs: Looming Trade Crisis As EU Prepares €72B Retaliatory Tariffs Against US
BitcoinWorld EU Tariffs: Looming Trade Crisis as EU Prepares €72B Retaliatory Tariffs Against US In an increasingly interconnected global economy, events seemingly far removed from the cryptocurrency world can send significant ripples through it. When major economic blocs clash, the reverberations are felt across all asset classes, including the volatile crypto market. Recently, whispers of a brewing US Trade War have turned into a loud declarat…
EU warns of €72 bln retaliatory tariffs amid escalating trade tensions with US - Times Kuwait
The European Union remains committed to reaching a trade agreement with the United States, despite renewed threats from President Donald Trump to impose a 30 percent tariff on EU imports. However, officials warn that the bloc’s “patience is running out”, and preparations are underway for a €72 billion retaliatory tariff package if negotiations fail. Following a meeting of EU trade ministers in Brussels on Monday, European Trade Commissioner Maro…
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