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EU Prepares $84 Billion Tariff Retaliation Against U.S.

7/18/2025

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EU Retaliates Tariffs
  • Tensions rise as the European Union gears up to impose retaliatory tariffs on $84 billion of U.S. goods, from cars to bourbon, in response to President Trump's looming 30% tariff on EU imports. With a deadline of August 1 approaching, EU officials are racing against time to negotiate a resolution, knowing that the economic fallout could be severe for both regions.
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