President Trump defends economic policies as EU announces retaliation against U.S. tariffs ...Middle East

News by : (CBS News) -
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum imports. Despite Wall Street's reaction to the trade tensions, Mr. Trump said he does not think there will be a recession.

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