Tag: retaliatory tariffs

By Pilar Arias , Bonny Chu  | Fox Business The European Union (EU) has delayed imposing its first retaliatory tariffs against the U.S. until mid-April, after President Donald Trump threatened a 25% tariff increase on all steel and aluminum imports earlier this month, according to Reuters.  The countermeasures of around $28 billion on U.S. goods, including a 50% tariff on American whiskey, were originally set to phase in on April 1, with a second wave to hit on April 13. However, the EU decided on Thursday to delay imposing all retaliatory tariffs until mid-April, Reuters reported. READ THE FULL STORY AT FOX BUSINESS