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Europe threatens tariffs on $7.5 billion of US goods

By Sean Higgins
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Europe threatens tariffs on $7.5 billion of US goods

The European Union is planning to place tariffs on $7.5 billion worth of U.S. goods in retaliation for the Trump administration’s announcement Thursday that it is going ahead with tariffs on imported steel and aluminum from Europe, Mexico, and Canada.

Mexico, which will be hit with the Trump administration’s tariffs as well, said it was planning its own counter-measures.

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Agriculture Europe European Union Mexico Steel Tariffs Trade Wilbur Ross