If President Trump’s proposed tariffs on steel and aluminium go into effect, Europe could drag blue jeans and breakfast beverages into the ring, according to Joseph Sternberg, the Wall Street Journal’s Editorial Page Editor for Europe.
“The EU is going to focus on trying to find ways that they can retaliate without damaging the EU economy itself,” explained Sternberg.
Early on Wednesday, the European Union released a list of American goods that it could tax, including Levi’s jeans, orange juice, and motorboats.
“That list is worth about $3.5 billion each year,” Sternberg said. “The point here is to try to send this message that the U.S. isn’t the only trading country in town here.”
More broadly, the tariffs could also decrease foreign investment into the U.S., said Sternberg.
It could start “affecting the willingness of European companies to invest in the U.S. and those companies are creating a lot of American jobs too.”
For the full interview, [click here](https://cheddar.com/videos/starting-a-tariff-war).
Joe Biden has won Michigan and Wisconsin, pushing him closer to 270 Electoral College votes and narrowing President Donald Trump’s path to reelection.
The Trump campaign says it has filed lawsuits Wednesday in Pennsylvania and Michigan, laying the groundwork for contesting the outcome in undecided battleground states.
Councilman Ritchie Torres became the first openly gay Black man to win a Congressional seat on Election Day. He will now represent New York's 15th District recently vacated by long-time Congressman José Serrano.
We'll be taking our feelings about this deeply divisive election to work with us. An expert weighs in on how to keep up company morale and coworker relationships when disagreements arise.
Voters in Arizona and New Jersey added their states to the list of places legalizing marijuana for adults. And Oregon became the first state to decriminalize possession of small amounts of hard drugs.
In Kentucky, Senate Majority Leader Mitch McConnell fended off Democrat Amy McGrath, a former fighter pilot in a costly campaign, but he acknowledged his GOP colleagues face tougher races.
In Georgia, Republican Sen. Kelly Loeffler and Democrat Raphael Warnock have advanced to a Jan. 5 runoff in the special election for Loeffler’s Senate seat.
Democrat Sarah McBride has won a state Senate race in Delaware and would become the first openly transgender state senator in the country when sworn in.
Republican Marjorie Taylor Greene, who expressed racist views and support for QAnon conspiracy theories in a series of online videos, has won a U.S. House seat representing northwest Georgia.
With the coronavirus now surging anew, voters ranked the pandemic and the economy as top concerns in the race between President Donald Trump and Democratic rival Joe Biden, according to AP VoteCast, a national survey of the electorate.
