https://www.youtube.com/watch?v=-UQBf7YKOjE
Europe In Revenge Mode After Trump Steel And Aluminum Tariffs Come Into Effect | US VS EU Trade War
The European Union on Wednesday announced retaliatory trade action with new duties on US industrial and farm products, responding within hours to the Trump administration’s increase in tariffs on all steel and aluminum imports to 25%. The EU measures will cover goods from the United States worth some 26 billion euros ($28 billion), and not just steel and aluminum products, but also textiles, home appliances and agricultural goods. Motorcycles, bourbon, peanut butter and jeans will be hit, as they were during President Donald Trump’s first term. The EU duties aim for pressure points in the US while minimising additional damage to Europe. The tariffs taxes on imports primarily target Republican-held states, hitting soybeans in House speaker Mike Johnson’s Louisiana, but also beef and poultry in Kansas and Nebraska. Produce in Alabama, Georgia and Virginia is also on the list. #indiatoday #trumptariffs #europeanunion #itwebvideos #europe #eu #trump #donaldtrump #trumpnews #tradewar #countertariffs Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you’ll never miss a new video.
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