5 May 2026

EU, China Hike Tariffs in Trade War Response

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EU, China Hike Tariffs in Trade War ResponseThe European Union said it is implementing retaliatory tariffs on $20.9 billion worth of U.S. goods in three phases in response to President Donald Trump’s steel and aluminum import taxes. The EU’s delayed response is due to the need for unanimous approval from its 27 member states. However, the EU stated that the tariffs could […]
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