The European Union (EU) plans to place tariffs on about $28 billion worth of U.S. goods next month in response to tariffs President Donald Trump has imposed on imported steel and aluminum. Ursula von der Leyen, president of the European Commission, announced the trade retaliation on Wednesday. The tariffs include renewed duties the EU put …
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The European Union (EU) plans to place tariffs on about $28 billion worth of U.S. goods next month in response to tariffs President Donald Trump has imposed on imported steel and aluminum.
Ursula von der Leyen, president of the European Commission, announced the trade retaliation on Wednesday. The tariffs include renewed duties the EU put in place during the first Trump administration, as well as new taxes on goods aimed to fall most heavily on Republican-led states, according to the Associated Press.