US Threatens EU with Major 17% Tariff on Food Exports Amid Rising Trade Tensions
US Threatens EU with Major 17% Tariff on Food Exports Amid Rising Trade Tensions The United States has delivered a significant warning to the European Union, threatening to impose a substantial 17% tariff on food exports originating from the bloc. This latest development marks a sharp escalation in ongoing trade disputes between the two major economic powers. The proposed tariff, if implemented, could have far-reaching consequences for transatlantic commerce, potentially impacting consumer prices and agricultural industries on both sides. While…