EU launches retaliatory tariffs on US goods
London, June 22 : The European Union (EU) on Friday launched tariffs on some $3.2 billion worth of American goods, in retaliation for tariffs US President Donald Trump's administration imposed on imported steel and aluminium earlier this month.
The bloc slapped a 25 per cent tariff on American products such as whiskey, tobacco, Harley Davidson motorcycles, cranberries and peanut butter, reports The Independent.
They also leveraged another 50 per cent tax on select items such as footwear, some types of clothing and washing machines.
Speaking to the Irish Parliament on Thursday night, European Commission President Jean-Claude Juncker said the EU would "do what we have to do to rebalance and safeguard" against the US tariffs.
"It goes against all logic and history," he said of the US taxes.
"Our response must be clear but measured."
The statement echoed the words EU Trade Commissioner Cecilia Malmström remarks on Wednesday that the 28-member bloc was "left with no other choice" than to impose retaliatory measures.
The tariffs come weeks after the Trump administration implemented a 25 per cent tariff on steel and 10 per cent tariff on aluminium, affecting trade partners like Canada, Mexico, and the EU, The Independent reported.
Trump threatened additional taxes on European cars if the EU chose to retaliate. The EU has also filed a case with the World Trade Organisation (WTO), claiming Trump's tariffs were "pure protectionist" and "illegal".
They also threatened a second round of tariffs on some $4.3 billion worth of US products if the dispute was not resolved.
Mexico has already announced its own tariffs on US goods, and Canada's tariffs on nearly $13 billion of US products are set to take effect next month.
Trump has also imposed tariffs on other trade partners as well, slapping a 25 per cent tariff on $50 billion worth of Chinese goods last week.
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Five to six opposition MLAs might cross over to Mahayuti in few months: NCP chief whip Anil Patil
Mumbai, Nov 24: There is unrest in the Maha Vikas Aghadi camp and its five to six MLAs might join the ruling Mahayuti in the next few months, claimed NCP chief whip Anil Patil, who has retained his Amalner assembly seat, on Sunday.
The MVA of Congress, NCP (SP) and Shiv Sena (UBT) suffered a crushing blow in the Maharashtra assembly polls, winning only 46 of the state's 288 seats. By contrast, the BJP-led ruling coalition, which also has NCP and Shiv Sena as partners, bagged an impressive 230 seats.
“There is tremendous unrest among some NCP (SP), Congress and Sena (UBT) MLAs who have been re-elected. Those having good relations with us have expressed concerns over MVA’s massive defeat,” Patil told Marathi news channel ABP Majha.
If one wants development works in his constituency, it is good to be in power, said the legislator from Ajit Pawar’s party.
“The MVA MLAs feel their future is uncertain. It shouldn’t be a surprise if five to six MLAs cross over to the Mahayuti in the next four months,” he said.
In the results of the Maharashtra polls declared on Saturday, BJP won in 132 constituencies, while its partners Shiv Sena and NCP walked away with 57 and 41 seats, respectively.
From the MVA camp, Shiv Sena (UBT) bagged 20 seats followed by Congress’ 16 and 10 by NCP (SP).
