Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, July 23
    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

    How could El Niño and climate change impact your investments?

    July 17, 2026
    Commodities

    Commodities: Forward curves and carry framework – Societe Generale

    July 13, 2026
    Commodities

    What Are Commodities and How Do You Trade Them?

    July 13, 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

    How The Bitcoin Everything Indicator Improves Bitcoin Price Prediction

    October 10, 2025
    Bitcoin

    Bitcoin (BTC) Surges Past $76,000 Amid Middle East Ceasefire Developments

    April 21, 2026
    Bitcoin

    quand la blockchain devient un allié du FBI

    June 27, 2025
    What's Hot

    Labour leadership race raises property tax concerns

    May 25, 2026

    data centers: US utilities signal booming demand from data centers as AI takes root

    August 13, 2024

    Sensex Today | Stock Market LIVE Updates: GIFT hints at a 400-point gap-down as Iran war escalates further

    March 22, 2026
    Most Popular

    Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees’ Whistleblower Suit

    July 16, 2024

    Asia stocks: Nikkei, KOSPI hit record highs tracking Wall St; Iran tensions remain By Investing.com

    April 26, 2026

    Bessent Signals Optimism as U.S./China Trade Talks Stall in Public

    May 7, 2025
    Editor's Picks

    Hedge Bitcoin Exposure by Shorting Altcoins During Murky Market, Says Analyst

    August 19, 2024

    Gold Holds Key Buy Levels as the Market Shifts From Flush to Base Building

    February 3, 2026

    Property alert: Slough among areas where first-time buyers

    May 5, 2026
    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.