- Proposes counter-tariffs on range of US imports at 25% in response to US steel documents
- 25% tariff to take place from May 16
These headlines are from a document cited by Reuters. One interesting detail is that US bourbon was removed. This could be a nod to Mitch McConnell, the Kentucky senator who is pushing back on tariffs, or it could be because of Trump’s threat to hit back on European spirits.
This article was written by Adam Button at www.forexlive.com.