E.U. Leader Threatens to Retaliate With Tariffs on Bourbon and Bluejeans

  • 6 years ago
E.U. Leader Threatens to Retaliate With Tariffs on Bourbon and Bluejeans
Mr. Gabriel said, “Such a sweeping blow from the U. S. would reverberate around the world,
but our exports and jobs would be among the hardest in the world hit.”
Dieter Kempf, head of the Federation of German Industries, warned
that Mr. Trump was risking a “spiral of protectionism” that in the end would cost American jobs, as well as those in Germany and the rest of Europe.
Pressed for reaction to Mr. Trump’s first tweet, which was sent in the course of a regular weekly government news conference,
Mr. Seibert declined to comment, except to say, “The German government has not changed its position in the past 18 minutes.”
The White House has said that the tariff details remain to be worked out,
and Mr. Seibert said the German government was awaiting the exact details before assessing the scope of the impact.
Steffen Seibert, a spokesman for the German chancellor, Angela Merkel, said on Friday
that the government “rejects” the tariffs, adding that such measures could lead to a global trade war, which “can’t be in anyone’s interest.”
Hans Jürgen Kerkhoff, president of the German Steel Federation, said on Friday:
“These measures clearly violate the rules of the World Trade Organization.

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