European Union (EU) tariffs on US goods come into force

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US goods

European Union (EU) tariffs on US goods come into force

The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump’s trade policy.

The duties on €2.8bn (£2.4bn) worth of US goods came into force on Friday.

Tariffs have been imposed on products such as bourbon whiskey, motorcycles and orange juice.

European Commission president Jean-Claude Juncker said duties imposed by the US on the EU go against “all logic and history”.

India, meanwhile, has said it will raise taxes on 29 products imported from the US – including some agricultural goods, steel and iron products – in retaliation for the wide-ranging US tariffs.

The new duties will come into effect from 4 August and will affect US almonds, walnuts and chick peas, among other products.

India is a top buyer of US almond exports and so the move is expected to hurt farmers in America.

The Trump administration announced in March that it would introduce tariffs of 25% on steel and 10% on aluminium imported into the US.

After being deferred, the duties on steel and aluminium went ahead on 1 June and affect the EU, Canada, Mexico and other close US allies, including India.

European Commission president Mr Juncker, who has previously criticised the move, said on Thursday: “It goes against all logic and history. Our response must be clear but measured.”

 

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