The European Commission has reacted to President Trump's tariffs on steel and aluminum by proposing counter-tariffs of 25% on various U.S. goods. The implementation of these tariffs is scheduled to occur in two phases, with some taking effect on May 16 and others later in the year, specifically on December 1. Interestingly, after initial deliberations, bourbon has been removed from the list of products that will face these tariffs. This measure underscores ongoing tensions in U.S.-Europe trade relations.
The European Commission's proposal for counter-tariffs targets a range of U.S. goods as a direct response to Donald Trump's tariffs on steel and aluminium.
In a move responding to the protectionist stance of the U.S., the European Commission is set to implement tariffs of 25 percent on select American products.
The tariffs are expected to take effect in two phases, with some starting on May 16 and others set to roll out on December 1.
Notably, bourbon has been excluded from the finalized list of products subject to these tariffs, despite earlier considerations.
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