Juncker draws up hitlist of US brands as trade storm brews


Harley-Davidson and Levi’s in firing line

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Jean-Claude Juncker responded to President Trump’s threats over import levies, saying “we can also do stupid”AXEL HEIMKEN/AFP/GETTY

Europe and the United States are on the brink of a trade war as Brussels begins drawing up up a €2.8 billion hit list of American products for retaliatory tariffs.

The EU is ready to strike at American brands such as Harley-Davidson and Levi’s in response to President Trump’s threatened levies of up to 25 per cent on steel and aluminium imports, heralding huge new export costs for European industry.

“First of all we need to see the final decision, which should be by the end of the week,” Cecilia Malmström, the EU commissioner for trade, said. “We are looking at possibilities to retaliate, meaning that we will also put taxes or tariffs on US imports to the EU.”

Threatening an all-out transatlantic trade war,…

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About Craig Ballantyne 14877 Articles
I love anything to do with Harley Davidson and have two beautiful children and a beautiful partner. In my spare time i like building websites and love anything to do with the internet.

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