EU responds to tariff threat: “US has escalated”
The US will impose tariffs of 30 percent on European goods, President Trump writes on social media. "The US has now escalated in several ways," says the EU's trade commissioner. If no solution is reached before August 1, tariffs of up to 30 percent will be imposed on goods imported into the US from the EU. Donald Trump writes in one of his famous letters to European Commission President Ursula von der Leyen that the United States has chosen to move forward with a "balanced and fair" trade agreement. Rikard Forslid, professor of economics at Stockholm University ...
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