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

    PDBC Promises Diversified Commodities Without K-1 Tax Forms, But the Workaround Hides a Long Term Roll Cost

    May 26, 2026
    Commodities

    LCFE Urges Brokers to Drive Commodities Market Innovation

    May 25, 2026
    Commodities

    After Watching Commodities Move Quietly Higher These 3 ETFs Are Up Over 32 Percent and Belong in Every Inflation Hedged Portfolio

    May 24, 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 Navigates Volatile Week With Mixed Signals and Resistance​

    April 15, 2026
    Finance

    La trésorerie et l’IA redessinent le paysage financier de 2025

    February 14, 2025
    Commodities

    Les prix du gaz naturel européen augmentent en raison des inquiétudes concernant l’approvisionnement Par Investing.com

    January 23, 2025
    What's Hot

    China’s “Two Sessions” 2025 Government Policy Outlook Indicates Renewed Opportunities for Commercial Real Estate

    March 11, 2025

    Spot Bitcoin ETFs Bleed $175M as Analysts Predict BTC Price Crash to $40K

    December 25, 2025

    Commodity Prices Set to Tumble as Tariffs Slow Global Economy, World Bank Forecasts

    April 29, 2025
    Most Popular

    Nevada sees rise in utility damage incidents, experts urge ‘Call Before You Dig’

    October 28, 2024

    What’s Next for Bitcoin Price as US Senate Delays CLARITY Act?

    January 22, 2026

    Five commodities funds for your portfolio

    April 10, 2012
    Editor's Picks

    why BTC, ETH, XRP are plunging over 5%

    January 29, 2026

    The EU and US Release More Details on Their Trade Deal

    August 21, 2025

    China’s finance sector crackdown reaches Hong Kong

    July 29, 2024
    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.