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EU approves $93 billion retaliatory tariff plan against US, to be implemented on August 7 if negotiations fail
Summary: According to Jinshi News, EU member states have voted to approve measures to impose retaliatory tariffs totaling 93 billion euros on American products. The European Commission spokesperson announced on July 23 that the EU plans to merge two retaliatory tariff lists targeting US exports into a unified list totaling 93 billion euros. The list mainly ...
According to Jinshi News, EU member states have voted to approve measures to impose retaliatory tariffs totaling 93 billion euros on American products. The European Commission spokesperson announced on July 23 that the EU plans to merge two retaliatory tariff lists targeting US exports into a unified list totaling 93 billion euros. The list mainly covers high-value industrial products such as aircraft, automobiles, and electrical equipment. The combined retaliatory list totals 93 billion euros.
EU Commission spokesperson Olof Gill stated on July 23 that if negotiations fail, the retaliatory measures will take effect on August 7.
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Link: EU approves $93 billion retaliatory tariff plan against US, to be implemented on August 7 if negotiations fail [Copy]
