{"id":83441,"date":"2018-06-20T13:30:09","date_gmt":"2018-06-20T13:30:09","guid":{"rendered":"http:\/\/www.bnreport.com\/eu-retaliates-against-trumps-metal-tariffs\/"},"modified":"2018-06-20T13:30:09","modified_gmt":"2018-06-20T13:30:09","slug":"eu-retaliates-against-trumps-metal-tariffs","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/eu-retaliates-against-trumps-metal-tariffs\/","title":{"rendered":"EU retaliates against Trumps metal tariffs"},"content":{"rendered":"<p>The European Commission today formally adopted the implementing regulation that will slam 25 percent tariffs on a <a href=\"https:\/\/docs.wto.org\/dol2fe\/Pages\/FE_Search\/FE_S_S009-DP.aspx?language=E&amp;CatalogueIdList=245248,245245,245239,245249,245254,245221,245244,245235,245238,245240&amp;CurrentCatalogueIdIndex=3&amp;FullTextHash=371857150&amp;HasEnglishRecord=True&amp;HasFrenchRecord=False&amp;HasSpanishRecord=False&amp;utm_source=POLITICO.EU&amp;utm_campaign=26f0a4be3a-EMAIL_CAMPAIGN_2018_06_13_03_59&amp;utm_medium=email&amp;utm_term=0_10959edeb5-26f0a4be3a-189779881\" rel=\"noreferrer\" target=\"_blank\">list of American products<\/a> worth \u20ac2.8 billion.<\/p>\n<p>The tariffs, which come as a direct reaction to U.S. President Donald Trumps decision to hit the EU with tariffs on steel and aluminum, will apply from Friday, the Commission said in a press <a href=\"http:\/\/europa.eu\/rapid\/press-release_IP-18-4220_en.htm\" rel=\"noreferrer\" target=\"_blank\">release<\/a>.<\/p>\n<p>Around one-third of the products on the list are agricultural, such as peanut butter and bourbon whiskey. The remainder are steel products and manufactured goods such as jeans and motor boats. The decision today was mainly a formal step, given that EU countries had already given the <a href=\"https:\/\/www.politico.eu\/pro\/eu-countries-back-retaliation-list-against-us-tariffs\/\" rel=\"noreferrer\" target=\"_blank\">green light<\/a> to the retaliations <a href=\"https:\/\/www.politico.eu\/pro\/eu-countries-to-vote-on-retaliatory-tariffs-thursday\/\" rel=\"noreferrer\" target=\"_blank\">last week<\/a>.<\/p>\n<h2><em>Read this next: <a href=\"https:\/\/www.politico.eu\/article\/juncker-to-convene-weekend-mini-summit-on-migration\/\" rel=\"noreferrer\" target=\"_blank\">Juncker to convene weekend mini-summit on migration<\/a><\/em><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>The European Commission today formally adopted the implementing regulation that will slam 25 percent..<\/p>\n","protected":false},"author":1,"featured_media":83442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-83441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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