EU Welcomes New US Tariffs

The European Union is happy with new tariffs the United States has put on countries like China, India, and the EU.

These tariffs are between 10% and 12.5%.

The EU thinks these tariffs match what was agreed in a trade deal between the EU and the US.

Some EU exports, like cork, diamonds, and aircraft parts, are exempt from these new tariffs.

The US is also planning more tariffs on the EU because of forced labor.

The EU thinks these new tariffs are unfair but wants to keep them under 15% as agreed in the deal.

The US recently warned that a fine the EU put on Google could make trade relations uncertain and risky for stability.