China and the European Union have separately announced higher tariffs on goods from the US.
The EU approved a 25 per cent tariff on a broad range of US goods as its first countermeasure against US President Donald Trump’s reciprocal tariffs.
A committee of trade experts from the EU’s 27 countries voted on Wednesday afternoon on the EU Commission’s proposal.
Reuters reported that an internal document belonging to the 27-nation bloc showed that the EU is imposing a 25 per cent…
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