EU introduces retaliatory tariff on US goods

  • The European Union (EU) has introduced retaliatory tariff on Friday on US goods including bourbon, whiskey, motorcycles and orange juice. According to media reports, the European Commission President Jean-Claude Juncker launched a fresh attack on US President's trade policy and said that the duties imposed by the US on EU are illogical. The new duties imposed will come into effect from August 4 and will affect US walnuts, almonds and other products.

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