eu HITS BACK At don­ald TRUMP with BIL­LIONS IN TAR­IFFS on US Prod­ucts

Perfect Sourcing - - Cover Story -

The Euro­pean Union has im­posed tar­iffs on US goods, in re­tal­i­a­tion to Don­ald Trump im­pos­ing tar­iffs on EU steel and alu­minium im­porters. The tar­iffs are al­most all 25 per cent – mean­ing any­one who wants to im­port these prod­ucts from the US to the EU will have to pay a 25% tax. An Amer­i­can clas­sic, high-end jeans made in the US will get ex­pen­sive. Most jeans sold in Europe will be made in Asia, in­clud­ing a few fa­mous Amer­i­can brands.

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