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No surprise here – the Associated Press on June 6th published an article stating the European Union (EU) will start imposing duties on US goods starting this July in response to the current administration’s decisions to implement tariffs on steel and aluminum imports from Europe.
The increase in tariffs covers US goods such as steel, cigarettes, t-shirts, women’s cotton denim trousers, rice, broken rice (not a typo), tobacco, bourbon, peanut butter, cranberries and orange juice. The official list of goods subject to a 10%-50% duty can be viewed here.
Based on the items subject to new tariffs, seems like the majority of the people who will be effected are the consumers.
If you have any questions, please contact experienced trade attorney, David Hsu at 832-896-6288 or by email at attorney.dave@yahoo.com.
