The EU plans to impose a 25% counter-tariff on the US, and the Sino-US trade game may escalate.

The EU has proposed imposing a 25% counter-tariff on a series of US import goods starting from May 16th.

Now the EU has thrown out its card and is waiting for the US response.

In response to China's equivalent 34% tariff, Trump has already stated that he cannot accept it, and responded by saying that an additional 50% tariff will be imposed. However, the US side has not officially announced it yet.

If this is what Trump said, China will definitely not accept it either, and further countermeasures will follow.

Original article: https://www.toutiao.com/article/1828774135819276/

Disclaimer: The article only represents the author's personal views.