White House mulls new trade weapon for EU talks: ‘Carousel’ tariffs

Published February 9, 2020 5:00am ET



The Trump administration is reportedly considering a novel source of leverage against the European Union in seeking a trade deal: “carousel” retaliation, meaning tariffs applied to a shifting set of products.

The practice is rarely used but considered particularly disruptive because it would create uncertainty across a range of industries that would have to cope with the prospect of tariffs.

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