- cross-posted to:
- Europe@europe.pub
- cross-posted to:
- Europe@europe.pub
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Well, it’s a start
They don’t want to add to the crisis.
Understandable. But they may have no choice. A flat 25% tariff on all US goods and an extra 100% on anything made with at least 51% components produced in red states would be an appropriate response, I think.
(American living in a ruby red state here)
The Commission had earmarked a 50% tariff on bourbon, which had prompted Trump to threaten a 200% counter-tariff on EU alcoholic drinks if the bloc went ahead.
Trump’s threat worried France and Italy in particular owing to their significant wine industries.
