What You Need to Know About the EU-US Trade Spat
May 1, 2018 by admin
Filed under Lingerie Events
President Donald Trump temporarily averted a trade war with the European Union by extending, for one-month, waivers from tariffs of 25% on steel and 10% on aluminum exports from the bloc. Now, the U.S. and its biggest economic partner will seek to iron out trade disagreements while bolstering joint efforts to counter Chinese practices that both sides say hurt their industries—a strategic economic aim for the two allies.
Why is the U.S. threatening tariffs against European allies?
The White House says it needs tariffs for national…