Friday, March 16, 2018

EU lists American exports it could target in response Trump's proposed tariffs

EU lists American exports it could target
The European Union has released a long hit list of American exports it could target should President Donald Trump succeed in levying import tariffs on steel and aluminum.


The 10-page list includes hundreds of products imported from the United States to the EU, including cigarettes, whiskey, corn, yachts and kitchen furniture.

Though China produces and exports the majority of the world's steel, 10 percent of the steel imported by the United States -- the world's largest steel importer -- is produced by EU member nations. European officials are concerned American steel tariffs could drive down the price of steel and cost thousands of workers their jobs.

Europe has threatened a trade war should Trump and the United States proceed with efforts to impose tariffs on imported steel.

European Trade Commissioner Cecilia Malmström called the prospects of U.S. steel tariffs "deeply unjust."
   (UPI)
 16/3/18

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