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Tariff Tit-for-Tat

The EU is considering tariffs on $3.5 billion of U.S. imports in response to President Trump’s proposals

The European Union intends to target 2.8 billion euros ($3.5 billion) of U.S. goods ranging from T-shirts and whiskey to motorcycles if President Donald Trump goes ahead with his plan to impose a 25 percent tariff on foreign steel. The tit-for-tat levy will 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. The commission, the EU’s executive arm, discussed the measures with representatives of the bloc’s governments at a meeting on Monday evening in Brussels.

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