The European Union unveils counter tariffs on US products, from food to dental floss – national


European Union Will begin his first response against the US president Donald TrumpNext week's prices, block members agreed to join China and Canada in retaliation in the global trade dispute on Wednesday.

Approval came on the day when Trump's “mutual” taxes on the EU and dozens of countries InfluencedExtension of its prices, including 104 % responsibilities on China, expand its rates and promote widespread sales in financial markets.

Block of 27 countries faces 25 % import Taxat On Steel and aluminum And Cricket Nos new Wider taxes Under Trump's policy to target countries, almost all of 20 % of all goods for all goods say that US imports impose more obstacles.

The European Union will maintain mostly 25 % of the duties on a range of US imports in response to US metal prices from next Tuesday.

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The block is still guessing how to respond to car and wider taxes.


Click to play the video: 'Counter Tariffs Kick In on American -made vehicles'


Kick the counter tariff on US -made vehicles


According to a Reuters document, US imports have been targeted in response to the European Union.

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They received about 21 billion euros ($ 23 billion) last year, which means that the EU retaliation will be against the goods worth less than 26 billion euros of EU metal exports under US prices.

They have to enter the stages of power – one last step on almonds and soy beans on April 15, May 16 and December 1.

The European Commission said in a statement, “These counters can be suspended at any time, if the United States agrees to the results of a fair and balanced negotiation.”

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A committee of trade experts from 27 countries in the European Union voted on the commission's proposal on Wednesday afternoon. European Union diplomats said 26 EU members voted only in favor of Hungary.


Click to play video: 'PEI Potatois Farmers look beyond us for new markets'


PEI Potato Farmers look beyond us for new markets


As a result of the vote, the commission was already canvas to EU members and improved the initial list from mid -March, Removing us dairy and alcohol drinks.

France and Italy had expressed concern when Trump threatened to hit EU liquor and spirits 200 % tariffs if the European Union proceeded with 50 % duty on Bourbon.

Trump has already responded to Beijing's anti -tariffs announced last week, which is almost double duties on Chinese imports.

In response, China said so would be Impose 84 % of revenue On US goods from Thursday.






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