EU Retaliates Against Trump Tariffs: Whiskey, Beef, and Motorcycles Hit Hard
President Trump’s increased tariffs on steel and aluminum imports prompted swift retaliation from major trade partners. Canada levied 25% tariffs on various steel products and other U.S. goods, while the European Union imposed tariffs on American products ranging from beef and bourbon to motorcycles and jeans. These retaliatory tariffs, targeting billions of dollars in goods, will likely increase prices for consumers on both sides of the Atlantic and jeopardize jobs. The EU’s actions specifically target products from Republican-held states, further escalating trade tensions. Both the EU and Canada expressed openness to negotiation, but the immediate impact is significant economic disruption.
John Q. Hosedrinker