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Trump Trade War: European Union Hits Back With Tariffs, Floats Auto Deal

Trump Trade War: European Union Hits Back With Tariffs, Floats Auto Deal

Now the European Union is responding to Trump tariffs with carrots as well as sticks. The European Commission, the EU's executive branch, said Wednesday that 25% tariffs on $3.2 billion worth of American imports, including Harley-Davidson (HOG) motorcycles, will take effect on Friday.