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).
A man accused of threatening President Joe Biden was shot and killed by the FBI as they sought to serve a warrant for him in Utah.
The shooting happened around 6:15 a.m. as special agents tried to serve a warrant on the home of Craig Deleeuw Robertson in Provo, south of Salt Lake City.
President Joe Biden will make his case for bringing back factory jobs in the U.S. during a speech in New Mexico.
Fani Willis, the Fulton County District Attorney in Atlanta investigating Trump, is expected to present her case to a grand jury next week.
A U.S Navy sailor charged with passing sensitive information to China was encouraged to do so by his mother.
Ohio voters rejected a ballot measure that would make it harder to pass constitutional amendments, including an upcoming vote on abortion.
Mississippi Gov. Tate Reeves won the Republican nomination for a second term on Tuesday.
Fani Willis, the Fulton County District Attorney in Atlanta investigating Trump, is expected to present her case to a grand jury next week.
Former President Donald Trump spoke out against a potential protective order that would prevent him from disclosing evidence in the 2020 election case.
Ohio voters rejected a ballot measure that would make it harder to pass constitutional amendments, including an upcoming vote on abortion.
