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Trade clash: EU to hit US with $3.3 billion in tariffs next month

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Trade clash: EU to hit US with $3.3 billion in tariffs next month

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The European Union’s plan to impose tariffs on roughly €2.8 billion ($3.3 billion) worth of American goods will go into effect in early July, the European Commission said Wednesday.

The duties aim to punch back at the United States after the Trump administration last week moved forward with hefty import taxes on steel and aluminum on some of its closest allies, including Canada, Mexico and the 28-nation European Union.

All three have announced retaliatory measures.
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