Friday, June 8, 2018

OJ, bourbon, jeans among American goods hit with EU tariffs

EU tariffs
Peanut butter, denim, orange juice, bourbon, motorcycles and cigarettes are a few of the items on a European Union list of American goods now labeled with hefty import taxes.



The taxes go into effect July 1, according to an announcement from the European Commission.

"This is a measured and proportionate response to the unilateral and illegal decision taken by the United States to impose tariffs on European steel and aluminum exports," said Cecilia Malmström, trade commissioner. "What's more, the EU's reaction is fully in line with international trade law. We regret that the United States left us with no other option than to safeguard EU interests."

The tariffs are in reaction to the Trump administration's move last week imposing import taxes on steel and aluminum from the European Union, which also included tariffs on U.S. allies Canada and Mexico.
   (UPI)
 8/6/18
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