EU "prepares for" Trump's tariff threat: if no agreement is reached, a 30% tariff will be imposed on $100 billion worth of American goods.
Zhtng Cijng APP huzh, zi y migu gunshu tnpn xinr jingj zh j, uji jhu zi winng dchng xiy, qi migu zngtng tlngp duyun 8 yu 1 r hu du uji dbfn chku shngpn zhngshu 30% gunshu zh y wixi de qngkung xi, xns du jizh yu 1000 y uyun (yuh 1170 y miyun) de migu chnpn zhngshu tngdng shupng de bofnxng gunshu.
The China Economic Network APP learned that the European Union plans to quickly impose retaliatory tariffs on about 100 billion euros (about 117 billion U.S. dollars) worth of American products at the same level of 30% as the threat of tariffs by US President Trump on most EU exports after August 1st in the absence of an agreement reached in the stalled US tariff negotiations.
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