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Car Tariffs? Europe Is Ready to Retaliate as Trade Dispute Grows
The European Union says it will continue a tit-for-tat escalation in its trade dispute with the U.S. while countering President Donald Trump’s assertion that the U.S. is being treated unfairly by the 28-nation bloc. Jyrki Katainen, the EU commissioner in charge of jobs and growth, told the French newspaper Le Monde in a story posted Saturday that if Trump applies new tariffs to European cars, as he threatened this week, the bloc “again, would have no choice but to react.”The EU imposed tariffs on 2.8 billion euros ($3.3 billion) of American products this week in response to duties on its metals exports deemed ... (full story)
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