Trade war noise: EU retaliates, targetting US exports

Ross J Burland FXStreet

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

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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