U.S products to face new EU tax

by VTV408 March 2018 Last updated at 16:07 PM

European Commissioner for Trade Cecilia Malmström speaking in Brussels. (Photo: Virginia Mayo/AP)
European Commissioner for Trade Cecilia Malmström speaking in Brussels. (Photo: Virginia Mayo/AP)

VTV.vn - European Trade Commissioner Cecilia Malmstrom said the bloc is considering new tariffs on products including orange juice, bourbon, denim, cranberries, peanut butter and motorcycles.

Malmstrom described the Trump administration’s plan to impose tariffs of 25% on foreign steel and 10% on imported aluminum as a threat to European workers. She added that the root cause of the problem with steel and aluminium is “global overcapacity” propped up by “massive state subsidies… under non-market conditions”.

She also said that the EU was “intensively talking” to US counterparts to try to persuade Washington “to have a rethink”.

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