New Delhi, April 9 -- The EU on Wednesday adopted its first measures hitting back at President Donald Trump's tariff onslaught, targeting more than 20 billion euros of US products including soybeans, motorcycles and beauty products.
"These countermeasures can be suspended at any time, should the US agree to a fair and balanced negotiated outcome," the European Commission said in a statement issued after EU member states greenlit the measures.
The levies are retaliation for US duties on steel and aluminium imposed last month -- with Europe's response to Trump's latest tariffs salvo yet to be announced.
Duties will start to be collected under the measures on April 15, the commission said.
"The EU considers US tariffs unjustified and dam...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.