EU Imposes Threat of Car and Plane Tariffs on US
Straight Talk:
The European Union Plans to Slap Tariffs on American Autos and Other Stuff Worth Around €95 Billion
Let's talk trade, baby. The EU's had it up to here with the U.S.'s stubborn tariff game, so they're seriously considering cranking out some tariffs of their own on American cars, planes, and other stuff. If diplomatic talks flame out, a whopping €95 billion worth of American imports could get the ol' European treatment.
The EC, those suave European Commission chaps, published a plan last Thursday that outlines an estimated €95 billion list of goods from the Land of the Free that could end up getting smacked with retaliatory tariffs. This mouth-watering menu of merchandise includes everything from your everyday salmon and Brussels sprouts to fancy schmancy aircraft and dental equipment — yes, even condoms and human hair for wigs.
But it seems like the U.S. has dropped a bomb of tariffs on almost 185 countries, including Kazakhstan, way back in April. Golly, what a blown-up world! The new tariffs range from 10 to a solid 50 percent. Ha! Even Trump admitted that world leaders are getting all jittery and eager to dance with him on a deal. Does he really think these global leaders are calling to kiss his posterior, though? Only in his wildest dreams, buddy.
The EU, ever the cool customer, maintains they're still ready and rarin' to talk things out. But bricks might just hit the fan if the U.S. games them some more. So, buckle up, folks, because this transatlantic tussle is far from over.
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[1] https://www.bloombergquint.com/global-economics/europe-to-hit-back-with-tariffs-should-trump-push-ahead-on-autos[2] https://www.nytimes.com/2021/05/06/business/eu-us-trade-tariffs.html[3] https://www.reuters.com/business/retail-consumer/ec-to-launch-public-consultation-on-us-tariffs-controversial-aircraft-subsidy-case-2021-05-06/[4] https://ec.europa.eu/commission/presscorner/detail/en/IP_21_1680
- The possibility of a European Union policy responding to American tariffs through approving retaliatory tariffs on $95 billion worth of goods, including war-and-conflicts related items, is raising questions in general news and politics.
- Ursula, the head of the European Commission, has expressed the EC's willingness to continue diplomatic talks, but warned of the '185' countries affected by the war-and-conflicts and policy-and-legislation aspects of the U.S.'s tariffs.
- Despite the tariffs on imported items being viewed by some as a form of warfare, the U.S. is continuing to apply tariffs to a broad range of goods produced in '185' countries, including war-and-conflicts and policy-and-legislation related components.
- The European Union is planning to launch a public consultation on the controversial aircraft subsidy case, potentially leading to an increase in tariffs on U.S. imports, worth '€95 billion', that could impact the broader economy and many domains, such as war-and-conflicts, policy-and-legislation, and general news.
- The war-and-conflicts and policy-and-legislation dynamics of the ongoing tariffs war between the European Union and the U.S. have been extensively covered in various international media outlets, including business, news, and political news websites.