EU Launches Retaliatory Tariffs Against US
“All logic and history” are on their side. So said European Commission President Jean-Claude Juncker as the EU imposed duties on $3.4 billion worth of American goods in retaliation for tariffs imposed by President Trump. Bourbon, motorcycles, orange juice and cranberries are among the goods being taxed by Europe, while cars, rice and sunscreen are among products recently hit with tariffs from India and Turkey. Meanwhile, some Trump aides are trying to restart talks with Beijing, which called U.S. duties on Chinese goods “capricious,” before the tariffs take effect July 6.