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).
President Trump took to Twitter to threaten lengthy prison sentences for anyone caught vandalizing federal monuments.
Phase two of reopening in the Garden State kicked off last week and restaurants in Hoboken were quick to take full advantage.
Camden, N.J., which disbanded and instituted a county-wide police force in 2013, has become an example for some reform activists in the wake of the George Floyd protests, but locals have a complicated view of what happened in the South Jersey city over the last seven years.
The government’s top infectious disease expert has told a House committee he believes "it will be when and not if" there will be a COVID-19 vaccine.
Cheddar's Need2Know Podcast for Tues., June 23, 2020.
On Monday, every driver and their crews joined Bubba Wallace in a show of solidarity before the race that was postponed a day by rain.
Alarming surges in coronavirus cases across the South and West are raising fears that the outbreak is spiraling out of control.
Cheddar's Need2Know Podcast for Mon., June 22, 2020.
Apple is closing 11 stores in Arizona, Florida, North Carolina and South Carolina that it had reopening just a few weeks ago.
Also called Emancipation Day, or Juneteenth Independence Day, Juneteenth is a holiday commemorating the end of slavery in the United States But this second independence day is not a national holiday and most Americans have never even heard of it. Years of systematic racism, segregation, and the oppression of Black Americans have diminished and stamped out efforts to make what should undoubtedly be an American National Holiday.
