Europe's Bourbon Retaliation May Hurt Some of Its Own Companies

The European Union intends to target 2.8 billion euros ($3.5 billion) of U.S. goods -- everything from T-shirts to whiskey to motorcycles -- if President Donald Trump goes ahead with his plan to impose tariffs on foreign steel and aluminum.

The tit-for-tat levy would apply to a range of consumer, agricultural and steel goods, according to a list drawn up by the European Commission and obtained by Bloomberg News. While they include iconic American brands such as Harley-Davidson motorcycles, some of the products targeted are made by companies with European owners.