Commissioner says ‘a trade war has no winners’ but if it happens, ‘we will have to take measures’EU: We will retaliate to protection with tariffs on US importsThe European Union has responded to Donald Trump’s threat of a trade war by warning that it will retaliate with tariffs on a range of US imports including peanut butter, cranberries and orange juice. “We cannot just stay silent when such a major measure could be taken to the EU economy,” she said. She said a provisional list of US products that could face EU tariffs is being drawn up and will be published after consultation with member states. EU leaders would discuss the trade dispute during a summit at the end of March in Brussels where a “proportionate response” would be discussed. He later went further by saying this could be extended to European cars following threats from EU officials of counter-measures against US imports such as Harley-Davidson motorbikes, Levi’s jeans and Kentucky bourbon whiskey.

Source: The Guardian March 07, 2018 18:17 UTC