Here’s how Europe, Canada, Mexico will retaliate against the US for steel, aluminum tariffs
NEW YORK -- Europe has taken its first shot at the United States over new tariffs on steel and aluminum imports. European Union officials lodged a formal complaint with the World Trade Organization (WTO) on Friday, the first in a series of measures designed to hit back at the United States. Tariffs will be next. The European Union plans to slap tariffs of 25% on roughly 200 American products, including orange juice, as soon as June 20. US denim, bourbon, motorcycles, peanut butter, motor boats and cigarettes are also in the firing line.
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