European Union Adds 25 Percent Import Tax On Billions Worth Of US Goods

Follow CBSPHILLY Facebook Twitter

PHILADELPHIA (CBS) -- The European Union is slapping new taxes on billions of dollars worth of U.S. goods.

Supreme Court Rules States Can Require Online Retailers To Pay Sales Tax

The new tax imposition on American goods is in retaliation for President Trump's steep tariffs on European steel and aluminum.

The new 25 percent import tax targets products made in Republican strongholds, including orange juice from Florida and bourbon from Kentucky.

America's iconic Harley-Davidson motorcycles are also being hit.

The new tax will add roughly $3,000 or more to the cost of a bike.

Philly Mayor Announces Task Force After Tens Of Millions Of Taxpayer Dollars Goes Missing

President Trump responded by threatening new tariffs on European cars.

Read more
f

We and our partners use cookies to understand how you use our site, improve your experience and serve you personalized content and advertising. Read about how we use cookies in our cookie policy and how you can control them by clicking Manage Settings. By continuing to use this site, you accept these cookies.