Trump’s EU-US Trade War – A Ticking Time Bomb?

Reading Time: < 1 minute

Despite striking a deal with the EU on a four-month freeze of the tariffs they slapped on each other over subsidies for aerospace giants Boeing and Airbus, the new US administration is still in a troubling trade war situation with Brussels. The previous US president left his successor with a ticking time bomb as a consequence of US duties placed on steel and aluminum in 2018. In retaliation, the EU introduced duties on prime American exports like bourbon whiskey, jeans, orange juice, tobacco, peanut butter, yachts and Harley-Davidson motorcycles – tariffs that are about to double in June 2021 through an automatic component of Brussels’ response from 2018.

Source: Politico

CET Editor

Recent Posts

As EU probes TikTok, precedent-setting Romania announces date for election rerun

Romania’s government has approved a repeat presidential election in May after institutional chaos and controversy…

3 days ago

NATO launches ‘Baltic Sentry’ patrols to counter infrastructure attacks

NATO deployed a multinational flotilla off the Estonian coast at the weekend to defend undersea…

3 days ago

Polish presidential candidates begin election drive

Poland's presidential election campaign has officially begun, ahead of a pivotal vote for the Central…

3 days ago

What Trump presidency means for CEE

US President Donald Trump's inauguration ceremony on Monday, 20 January, broke with tradition and extended…

3 days ago

Croatia returns incumbent in landslide presidential election vote

Croatian President Zoran Milanovic secured a decisive re-election victory, defeating his conservative challenger in a…

1 week ago

Checks remain at Romania-Hungary rail border

Although Romania joined the Schengen free travel area at the beginning of 2025, international trains…

1 week ago