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The EU imposes tariffs on $28 billion of U.S. goods, retaliating against Trump's metal import taxes.
The European Union has announced retaliatory tariffs on $28 billion worth of U.S. industrial and farm products, targeting goods from Republican-led states, in response to President Trump's 25% tariffs on steel and aluminum imports.
The EU's move came within hours of the U.S. tariffs being implemented.
The Trump administration claims these tariffs will create U.S. factory jobs, but they have raised concerns about an economic slowdown and increased volatility in the stock market.
6 weeks ago
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