China Vows to Take 'All Necessary Measures' In Response To Trump's Steel, Aluminum Tariffs

Benzinga

According to The Wall Street Journal, China and the European Union announced retaliatory measures in response to the Trump administration's 25% tariffs on steel and aluminum imports. The EU will impose tariffs on U.S. products, including bourbon and motorcycles, starting in April. China vowed to take “all necessary measures” in response. U.S. stock indexes saw their steepest two-day decline since August, with the Dow, S&P 500, and Nasdaq all falling.

Transcript

00:00It's Benzinga, bringing Wall Street to Main Street.

00:02China and the European Union announced retaliatory measures in response to the Trump administration's

00:0625% tariffs on steel and aluminum imports, according to the Wall Street Journal.

00:11The EU will impose tariffs on U.S. products, including bourbon and motorcycles, starting in

00:15April. China vowed to take all necessary measures in response. U.S. stock indexes saw their steepest

00:21two-day decline since August. The Dow, S&P 500, and Nasdaq all falling.

00:25For all things money, visit Benzinga.com.

00:30you

Category

Transcript

Comments

Recommended