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).
Cheddar's Need2Know Podcast for Thurs., June 18, 2020.
The Atlanta officer who fatally shot Rayshard Brooks in the back after the fleeing man pointed a stun gun in his direction is going to be charged. Fulton County District Attorney Paul Howard made the announcement about Garrett Rolfe during a news conference Wednesday.
With ridership down some 85 percent — and a return to normal still a way off — data suggests New Yorkers are swapping their MetroCards for car keys and taking to the streets.
Cheddar's Need2Know Podcast for Wed., June 17, 2020.
Cheddar's Need2Know Podcast for Tues., June 16, 2020.
The Trump administration has sued former national security adviser John Bolton to block the publication of a book that the White House says contains classified information.
President Donald Trump has signed an executive order on policing following weeks of national protests after the death of George Floyd.
Rosemary Ketchum becomes the first transgender person elected to city council in West Virginia. Ketchum's new role as councilwoman in Wheeling, WV comes as the U.S. Supreme Court said the 1964 Civil Rights Act protects LGBTQ from workplace discrimination.
California congressman, Eric Swalwell told Cheddar on Tuesday he isn't excited about former National Security Advisor John Bolton's upcoming tell-all about the White House after he refused to testify during impeachment proceedings.
The U.S. Supreme Court ruled on Monday that existing civil rights law protects LGBT people from discrimination in employment.
