Trade war noise: EU retaliates, targetting US exports
|Weekend news has the European Union setting out how it will target US exports when tariffs come into effect.
- EU published two lists with American products to be affected.
- The Commission needed to act now to make sure it notified the lists to the WTO within a 90-day deadline.
- A senior European official said the EU's response list was for "stakeholder consultations" and added that the total value of American exports targeted could reach "€6.4 billion all added together."
- The decision whether to use the lists would be taken only after three months.
Trump, trade wars, dollar and US yields - Westpac
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.