The EU has lodged an official complaint at the World Trade Organization. They want to introduce countermeasures, like tariffs on US products like bourbon whiskey, motorcycles and jeans worth some €2.8 billion ($3.3 billion).
Global trade tensions have been brewing for months with tariffs and counter-tariffs flying between the US, China and several other countries. The US government has now challenged some of the tariffs at WTO level.
US officials have revealed a list of Chinese goods they will be targeting with 10 percent tariffs, raising fears of an escalating trade war. US retailers have slammed the decision, as has China itself.
At a time of heightened uncertainty in the global economic environment, leaders of Europe and China are meeting to ponder ways to counter the fallout from US President Trump's "America First" policies.
"Berlin is the city of freedom," a business agency in the German capital has contacted Harley-Davidson's CEO. The iconic US company is looking to move some production abroad to avoid the fallout of an EU-US trade spat.
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