Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Thursday, June 4
    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

    June Could Ignite the Biggest Commodity Breakout of 2026 – Are You Ready?

    June 1, 2026
    Commodities

    Adding Alternatives With ETFs: Managed Futures, Commodities, and Volatility Products

    June 1, 2026
    Commodities

    Exploring Commodity ETFs for Diversified Investments

    June 1, 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
    Property

    Buyers sense a new property market advantage as record homes flood UK market

    March 17, 2025
    Bitcoin

    Bitcoin price breakout: BTC clears $94,700 resistance, eyes $100K​

    January 14, 2026
    Stock Market

    Dow, S&P 500, Nasdaq hit 3rd record in a row as Nvidia soars on OpenAI deal

    September 22, 2025
    What's Hot

    Treading Water: Nvidia Is the Market Key as Bitcoin Enters Death Cross

    November 17, 2025

    Real estate agent’s ‘wild’ discovery about Australia after moving to America: ‘Can someone please help?’

    December 1, 2025

    Here’s what you need to know about property taxes and inflation rates

    April 20, 2025
    Most Popular

    Miners could bounce back thanks to AI

    July 12, 2024

    How to invest in REITs in the UK and Europe

    July 15, 2024

    Is The Vanguard Total Stock Market Index Fund a Buy?

    September 27, 2025
    Editor's Picks

    Bitcoin Bottomed, $150,000 BTC Price This Year

    March 24, 2026

    Man charged in SEC bitcoin price spike hack

    October 17, 2024

    China deflation worry deepens among economists after trade truce

    May 27, 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.