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Europe Threatens Tariffs On US Bourbon, Harley-Davidson In Response To Trump’s Aluminum Tariff

NEWS

Europe Threatens Tariffs On US Bourbon, Harley-Davidson In Response To Trump’s Aluminum Tariff




The European Union is threatening to impose tariffs on U.S. goods ranging from Levi’s jeans to Harley-Davidson motorcycles in response to President Trump’s Thursday announcement that he will impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports next week.

“We will put tariffs on Harley-Davidson, on bourbon and on blue jeans — Levi’s,” European Commission President Jean-Claude Juncker said on German television, according to Reuters.

“We would like a reasonable relationship to the United States, but we cannot simply put our head in the sand,” Juncker said, joining a growing list of global leaders threatening retaliation if he imposes the duties.




The Hill adds:

The products listed by Juncker appeared to target industries based in the home states of congressional leaders. Harley-Davidson is based in Wisconsin, the home state of Speaker Paul Ryan (R); Levi Strauss & Co. is headquartered in House Minority Leader Nancy Pelosi’s (D) hometown of San Francisco; and bourbon is made in Kentucky, the home state of Senate Majority Leader Mitch McConnell (R).

According to Reuters, the EU is weighing potential 25 percent tariffs on $3.5 billion worth of goods to “rebalance” trade with the U.S.

Canadian Foreign Minister Chrystia Freeland also warned on Thursday that Ottawa would take “responsive measures” against the U.S. if Washington imposed tariffs on Canadian steel and aluminum exports to the U.S.

“A trade war is in no one’s interests,” said Roberto Azevêdo, the director-general of the World Trade Organization.  “The WTO will be watching the situation very closely.”




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