EU ready to retaliate against Trumps proposed trade tariffs

[DonViejo]

Source: Associated Press




By LORNE COOK
Today

BRUSSELS (AP) — The European Union says it is ready to retaliate against the U.S. over President Donald Trump’s proposed tariffs on steel and aluminum, with counter-measures against iconic U.S. products like Harley Davidson motorcycles, Levi’s jeans and bourbon.

Trade Commissioner Cecilia Malmstroem said Wednesday that the EU, the world’s biggest trading bloc, rejects Trump’s reasoning that the tariffs are backed by the international legal right to protect national security.

Should tariffs be introduced, the EU and other partners would take the case to the World Trade Organization, she said. The EU is circulating among member states a list of U.S. goods to target so that it can respond as quickly as possible.

“We cannot see how the European Union, friends and allies in NATO, can be a threat to international security in the U.S.,” Malmstroem told reporters. “From what we understand, the motivation of the U.S. is an economic safeguard measure in disguise, not a national security measure.”

Read more: https://www.apnews.com/257504f752504d64bcace12954aa1bdc/German-top-official-concerned-about-planned-US-trade-tariffs

[tonyt53]

1. Just another attempt by trump to push away our known allies.

He is playing by Putin's playbook.