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EU prepares retaliatory tariffs on $20 billion of U.S. goods

From reuters.com

The European Commission is drawing up a list of $20 billion of U.S. goods to hit with duties if Washington imposes tariffs on imported cars, European Union trade commissioner Cecilia Malmstrom said on the eve of her boss’s meeting with U.S. President Donald Trump. Malmstrom is in Washington for talks on trade, with European Commission President Jean-Claude Juncker due on Wednesday to meet Trump in a bid to stop the United States from extending its import tariffs on EU steel and aluminum to cars and car parts. “We hope that it doesn’t come to that and that we can find a solution. If not, the EU Commission is preparing ... (full story)

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