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E.U. Wields ‘Sledgehammer’ Against Trump Tariffs

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“The European Union hit back hard as U.S. President Donald Trump imposed 25 percent global steel and aluminum tariffs on Wednesday, announcing a two-stage retaliation covering €26 billion in EU exports that far exceeded a trade fight that blew up in his first term,” Politico reports.

New York Times: “The E.U., which is already struggling with a lackluster economy, said its retaliatory tariffs were proportionate to about $26 billion in tariffs applied by the United States. But European officials emphasized that they were ready to strike a deal with the Trump administration, with Ursula von der Leyen, president of the European Commission, saying: ‘Jobs are at stake, prices up, nobody needs that.’”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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