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IPFS News Link • Business/ Commerce

US To Slap Tariffs On European Airplanes, Cheese, Wine, Scotch And Coffee

• https://www.zerohedge.com, by Tyler Durden

Edam, Gouda, Reggiano, Cheddar, Swiss, Stilton, Emmentaler and Pecorino cheese

Olives

Pork sausages

Cherries

Pears

Prune juice

Mandarins

Coffee

Clams, Mussels, Cockles

Sweet biscuits

Tweezers, Pliers, Screwdrivers

And with that, instead of easing, the global trade war just sprung another major front, one which will see the EU retaliate in kind and impose tariffs on billions in US imports to the EU, guaranteeing that consumer prices in both the US and Europe will spike just as the world is entering a global recession, making further rate cuts by the Fed that much more complicated.


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