Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, October 27
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Commodities»EU targets Trump’s red states with tariffs on US trucks, cigarettes and ice cream – POLITICO
    Commodities

    EU targets Trump’s red states with tariffs on US trucks, cigarettes and ice cream – POLITICO

    April 8, 20252 Mins Read


    Finally, women’s negligées from Ohio and Kentucky, a fan favorite from the Commission’s first proposal, made the final cut; so did men’s undergarments, although they are mostly found in blue states.

    Zooming back

    The trade war unleashed by Trump comes with a hefty price for Washington, as Canada and China have responded to the U.S. president’s deluge of duties with their own counter tariffs.

    Overall, retaliatory measures imposed by China, Canada and the EU will hit nearly $90 billion of American exports.

    Beijing has mainly targeted U.S. produce, slapping a 15 percent duty on commodities like chicken, wheat and corn along with 10 percent on soybeans, meat, fruit and other farm exports. Canada, meanwhile, has imposed two sets of tariffs — 25 percent on a range of agrifood products, and another 25 percent on steel and aluminum products.

    For its part, Brussels has experimented with a carrot-and-stick approach to signal it won’t bow to Trump’s demands while leaving the door open to negotiations. On Monday the bloc offered a “zero-for-zero” tariff scheme on industrial goods covering cars, drugs, chemicals, plastics and machinery among other things. 

    Trump, however, said the offer fell short and urged EU countries to buy $350 billion worth of American energy products to make the trade deficit “disappear … in one week.”

    As a last resort, the bloc could wield its “trade bazooka” to hit U.S. services, which would take the trade war to a whole new level — something not all EU countries are ready to do just yet.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleUSA : nouvelle hausse hebdo des stocks de pétrole brut
    Next Article Frasers Property conclut des accords de prêt d’actionnaires pour le développement de Bangkok ; les actions baissent de 3%.

    Related Posts

    Commodities

    Zeenab Foods invites suppliers for eight agricultural commodities

    October 22, 2026
    Commodities

    LCFE bets on Commodities Exchange for transparent petroleum pricing, market efficiency

    October 18, 2026
    Commodities

    Global commodities giant is moving its corporate headquarters out of Cyprus

    October 4, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Bitcoin Resistance at $116K Will Stay Until Renewed Momentum

    September 16, 2025
    Utilities

    Can utilities replace power lines with solar and batteries in remote areas?

    September 8, 2025
    Investing

    Optimistic Investors Look Past Strait of Hormuz Tensions as Oil Prices Rise

    July 13, 2026
    What's Hot

    Stock Market Today LIVE: ₹3 lakh crore lost! Sensex, Nifty 50 edge lower as banks, auto, FMCG stocks drag

    February 26, 2026

    Crypto News: Bitcoin Price Nears $75K, SOL Up 3.26% as Israel-Lebanon Stop Strikes

    April 17, 2026

    Huge risk of AI-fuelled stock market crash with impact on people’s finances, IMF warns

    October 14, 2025
    Most Popular

    Asia stocks rise tracking Wall St; China property jitters, stimulus in focus By Investing.com

    November 26, 2025

    Bip-177 Tremblement de terre à Bitcoin (BTC): Si le vote passe, beaucoup de choses changent – voici la proposition

    May 20, 2025

    Michael Saylor Makes Epic Bitcoin Statement as BTC Price Hits $60,000

    July 14, 2024
    Editor's Picks

    China unveils US$325 billion stimulus to boost economy amid property crisis and weak consumption By Proactive Investors

    October 14, 2024

    Bitcoin fait face à une résistance à 85 000 $ malgré des flux d’achat agressifs

    March 27, 2025

    Pakistan set to get ADB finance for rail upgrade that China was to fund but didn’t – Firstpost

    August 22, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.