Europe threatens tariffs on US bourbon, peanut butter and orange juice
Source: The Hill
BY BRETT SAMUELS - 03/07/18 09:19 AM EST
The European Commission has drawn up a list of U.S. products that could be subject to tariffs in response to President Trumps planned taxes on imports.
The Guardian reported Wednesday that the list includes certain types of bourbon, peanut butter, cranberries and orange juice. Cecilia Malmstrom, who serves as the European Commissioner for Trade, said the European countries must respond in a proportionate way to Trumps proposed tariffs on steel and aluminum.
We cannot just stay silent when such a major measure could be taken to the EU economy, she said, adding that there are only losers in trade wars.
Trump last week announced a plan to impose 25 percent tariffs on steel imports and 10 percent tariffs on aluminum imports.
Read more: http://thehill.com/policy/finance/377128-europe-threatens-tariffs-on-us-bourbon-peanut-butter-and-orange-juice
canfeild123
(18 posts)I'm ok with the bourbon. Maybe I'll be able to find more rare stuff if it isn't going overseas! : chuckle:
Major Nikon
(36,827 posts)GulfCoast66
(11,949 posts)I picked up a bottle of William LaRue Weller this fall. Retail. Still have well over half the bottle. Saving it for deer season next year.
Lokilooney
(322 posts)Last time I picked up a bottle a few years ago it was $39...
SWBTATTReg
(22,129 posts)lunasun
(21,646 posts)new tastes . Mexico is turning south for corn
Cartoonist
(7,317 posts)The war escalates
Nitram
(22,803 posts)I suspect Trump will be persuaded to change his mind. Although I wouldn't bet on it...
workinclasszero
(28,270 posts)what will be the next products he will slap a tariff on I wonder?
Inflation is gonna get going like gangbusters by the end of the year I bet.