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SatansMaggotyCumFart@lemmy.worldM to Conservative@sh.itjust.worksEnglish · 11 days ago

EU ready to hit US with 21-billion-euro tariff list, Italy foreign minister says

finance.yahoo.com

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EU ready to hit US with 21-billion-euro tariff list, Italy foreign minister says

finance.yahoo.com

SatansMaggotyCumFart@lemmy.worldM to Conservative@sh.itjust.worksEnglish · 11 days ago
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  • cross-posted to:
  • BuyFromEU
  • BoycottUnitedStates
MILAN (Reuters) -The European Union has already prepared a list of tariffs worth 21 billion euros ($24.52 billion) on U.S. goods if the two sides fail to reach a trade deal, Italy's Foreign Minister Antonio Tajani said in a newspaper interview on Monday. President Donald Trump on Saturday threatened to impose a 30% tariff on imports from Mexico and the EU starting on Aug. 1, after weeks of negotiations with major U.S. trading partners failed to reach a comprehensive deal. Tajani also told daily Il Messaggero that to help the euro zone economy the European Central Bank should consider a new "quantitative easing" bond-buying-programme, and more interest rate cuts.
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