Europe

Europe Threatens Countermeasures If The US Goes Through With Tariffs

After President Donald Trump announced plans for tariffs on steel and aluminum imports, the European Union said it might consider countertariffs.

Europe Threatens Countermeasures If The US Goes Through With Tariffs
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Europe is snapping back at President Donald Trump over his talk of putting tariffs on foreign metals.

If the U.S. goes through with its plans, the European Union is threatening new countertariffs on things like peanut butter, bourbon, orange juice and motorcycles.

Trump announced plans last week to impose a 25 percent tariff on steel imports and 10 percent tariff on aluminum imports.

Multiple GOP party leaders, Europe, China and others had objections to the announcement. Still, Trump said this week he's not backing down.

The Guardian reports the EU's full list of potential tariffs will be published soon.