Close Menu
Chronicle.ng
    Trending Stories
    Trump slaps $100k fee on H-1B visas, launches $1m ‘gold card’ residency

    Trump slaps $100k fee on H-1B visas, launches $1m ‘gold card’ residency

    September 21, 2025
    NIN now ‘gateway to opportunity’ as Tinubu backs digital trust infrastructure

    2027: Tinubu deserves two terms like Buhari – APC rep to opposition

    September 21, 2025
    Enugu govt places N10m bounty on killers of Catholic priest

    Enugu govt places N10m bounty on killers of Catholic priest

    September 21, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Trump slaps $100k fee on H-1B visas, launches $1m ‘gold card’ residency
    • 2027: Tinubu deserves two terms like Buhari – APC rep to opposition
    • Enugu govt places N10m bounty on killers of Catholic priest
    • Obasanjo denies third term agenda, warns leaders against clinging to power
    • Police arrest husband assaulting wife in viral video
    • Tinubu approves jobs for children of late FCT HoS Grace Adayilo
    • Kane scores hat-trick in Bayern’s 4-1 win over Hoffenheim
    • Manchester United get 2-1 win over Chelsea as Sanchez sees red card
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Sunday, September 21
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    EU retaliates, imposes tariff on US goods

    Chronicle EditorBy Chronicle EditorJune 22, 2018No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    European Commission president Jean-Claude Juncker says Trump's trade policy defies all logic and history
    European Commission president Jean-Claude Juncker says Trump's trade policy defies all logic and history
    Facebook Twitter WhatsApp
    European Commission president Jean-Claude Juncker says Trump's trade policy defies all logic and history
    European Commission president Jean-Claude Juncker says Trump’s trade policy defies all logic and history

    The European Union (EU) has retaliated by introducing tariffs on US goods in fresh attack on President Donald Trump’s trade policy.

    The duties on €2.8bn (£2.4bn) worth of US goods came into force on Friday.

    Tariffs have been imposed on products such as bourbon whiskey, motorcycles and orange juice.

    European Commission president Jean-Claude Juncker said duties imposed by the US on the EU go against “all logic and history”.

    India, meanwhile, has raised taxes on 29 products imported from the US – including some agricultural goods, steel and iron products – in retaliation for the wide-ranging US tariffs.

    The new duties will come into effect from 4 August and will affect US almonds, walnuts and chick peas, among other products.

    India is a top buyer of US almond exports and so the move is expected to hurt farmers in America.

    READ: Oshiomhole unopposed for APC chair position

    The Trump administration announced in March that it would introduce tariffs of 25% on steel and 10% on aluminium imported into the US.

    After being deferred, the duties on steel and aluminium went ahead on 1 June and affect the EU, Canada, Mexico and other close US allies, including India.

    European Commission president Mr Juncker, who has previously criticised the move, said on Thursday: “It goes against all logic and history. Our response must be clear but measured.”

    Addressing the Irish parliament in Dublin, he added that “we will do what we have to do to rebalance and safeguard” the EU.

    The majority of US goods targeted by the EU, such as tobacco, Harley Davidson motorcycles, cranberries and peanut butter, will now carry a tariff of 25%.

    However, the EU has introduced a 50% duty on goods such as footwear, some types of clothing and washing machines.

    The new duties have been imposed as tensions over trade continued to grow between the US and China.

    Earlier this week, Mr Trump threatened to impose 10% duties on an additional $200bn (£150bn) worth of Chinese goods which he said would come into force if China “refuses to change its practices”.

    However, China accused the US of an act of “extreme pressure and blackmail” and said it would respond with “strong countermeasures”.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Trump slaps $100k fee on H-1B visas, launches $1m ‘gold card’ residency

    Trump slaps $100k fee on H-1B visas, launches $1m ‘gold card’ residency

    NIN now ‘gateway to opportunity’ as Tinubu backs digital trust infrastructure

    2027: Tinubu deserves two terms like Buhari – APC rep to opposition

    Enugu govt places N10m bounty on killers of Catholic priest

    Enugu govt places N10m bounty on killers of Catholic priest

    Nigeria: Obasanjo, Abdulsalami, others to unveil health hub in Abuja

    Obasanjo denies third term agenda, warns leaders against clinging to power

    EFCC, police clash over re-arrest of suspects

    Police arrest husband assaulting wife in viral video

    Tinubu approves jobs for children of late FCT HoS Grace Adayilo

    Tinubu approves jobs for children of late FCT HoS Grace Adayilo

    Add A Comment
    Leave A Reply Cancel Reply

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Trump slaps $100k fee on H-1B visas, launches $1m ‘gold card’ residency

    Trump slaps $100k fee on H-1B visas, launches $1m ‘gold card’ residency

    September 21, 2025
    NIN now ‘gateway to opportunity’ as Tinubu backs digital trust infrastructure

    2027: Tinubu deserves two terms like Buhari – APC rep to opposition

    September 21, 2025
    Enugu govt places N10m bounty on killers of Catholic priest

    Enugu govt places N10m bounty on killers of Catholic priest

    September 21, 2025
    Nigeria: Obasanjo, Abdulsalami, others to unveil health hub in Abuja

    Obasanjo denies third term agenda, warns leaders against clinging to power

    September 21, 2025
    EFCC, police clash over re-arrest of suspects

    Police arrest husband assaulting wife in viral video

    September 20, 2025
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.