FRIDAY, April 26, 2024
nationthailand

EU's tit-for-tat tariffs against US come into effect

EU's tit-for-tat tariffs against US come into effect

The European Union slapped revenge tariffs on iconic US products including bourbon, jeans and motorcycles on Friday in its opening salvo in a trade war with President Donald Trump.

The duties, which took effect at midnight (2200 GMT Thursday) according to the EU's official journal, are a tit-for-tat response to Trump's decision to impose stiff tariffs on European metals.

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