European Union countries are set to approve a set of retaliatory levies on the United States on Wednesday in response to President Donald Trump’s sweeping tariffs on America’s trade partners.
The expected tit-for-tat comes as China also retaliated against Trump’s tariffs this week. The unfolding tariff spat has destabilised global markets and seen stocks fall across the board.
Trump’s latest tariffs put a 20 percent levy on all EU goods. The tariff rate is 104 percent for Chinese…
Continue Reading
News Source: www.aljazeera.com
Leave a Reply