Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, June 24
    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

    Commodities Are Undervalued, Underowned and the Upside Potential Could Be Enormous

    June 22, 2026
    Commodities

    What a ‘super El Niño’ means for commodity investing and inflation

    June 16, 2026
    Commodities

    Where to Invest As the Stock Market Faces a Lost Decade: $4 Billion CIO

    June 5, 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
    Finance

    Martin Lewis car finance warning as millions affected by mis-selling

    October 15, 2025
    Bitcoin

    XRP, Bitcoin & Binance – European Wrap 15 August

    August 15, 2024
    Property

    Captive Insurance Times feature article

    January 2, 2025
    What's Hot

    Bitcoin (BTC) Price Forecast: ETF Inflows Offset Fed Risks Ahead of Key Data; ETH Eyes $5k

    August 16, 2025

    Cathie Wood Predicts Bitcoin’s Stabilization After $28 Billion Loss

    January 27, 2026

    Dow, S&P 500, Nasdaq rise after Trump and Xi hold call on trade

    September 19, 2025
    Most Popular

    S&P 500 enters correction, Dow sinks 500 points amid Trump’s latest tariff threats

    March 13, 2025

    les stocks de grossistes inférieurs aux attentes

    May 7, 2025

    Here’s What Would Need to Happen for Bitcoin to Flip Gold Someday

    March 9, 2026
    Editor's Picks

    La Principauté renforce son statut de hub financier

    April 4, 2025

    London pre-open: Stocks seen flat after fresh record; Powell speech eyed

    August 21, 2025

    Bitcoin Soars While Bitcoin Hyper Presale Surpasses $13M Amid Market Rise

    September 3, 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.