President Donald Trump is moving ahead with steel and aluminum tariffs on some of the United States’ closest allies and that could result in serious pain for agriculture.
Politico says any official documents released by the administration are expected to include some wiggle room for allies. European Union officials are said to be resigned to accepting that some sort of tariffs are coming their way. The EU has vowed to hit back with retaliatory tariffs. A recent list compiled by the EU targeted $3.3 billion worth of U.S. imports.
Politico says the list shows products targeted for retaliation were drafted so as not to harm European Union industries. Some of the products are clearly designed to impact Republican-leaning states, such as Kentucky bourbon. Others on the list include rice, peanut butter, orange juice, and cranberries.
Canada and Mexico aren’t immune from the tariffs either, and both countries have said they will retaliate. “It’s frankly absurd that we would in any way be considered to be a national security threat to the United States,” says Canadian Foreign Minister Chrystia Freeland.