Europe Scopes Out Its Trade Retaliation Options

Donald Trump plans to levy tariffs on overseas steel and aluminum, and now the trade wars have begun. From Reuters:

The European Union is considering applying 25 percent tariffs on $3.5 billion of goods — a third steel, a third industrial goods and a third agricultural — to “rebalance” bilateral trade, EU sources said. “We will put tariffs on Harley-Davidson, on bourbon and on blue jeans — Levis,” European Commission President Jean-Claude Juncker told German television.

Hmmm. Harley-Davidsons are made in—what? Wisconsin, right? In Menomonee Falls, actually, about 50 miles from Janesville, where Paul Ryan lives. The Jim Beam bourbon distillery is in Clermont, Kentucky, about 20 miles from Mitch McConnell’s house in Louisville. Levi’s is headquartered in San Francisco, about two miles from Nancy Pelosi’s house.

This is just hilarious, isn’t it? Donald Trump has turned us all into idiots.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America will move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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