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President of the European Commission Jean-Claude Juncker vows "counterbalancing measures" from the EU soon. The EU is expected to respond with tariffs on a little more than US$3 billion worth of American goods including motorcycles, bourbon, and blue jeans. Juncker also says that the EU will proceed with a case against the US in the World Trade Organization. US Secretary of Commerce Wilbur Ross replies that the EU measures are "unlikely" to have much impact on the US economy.

'A slow-motion train wreck': Trump is kicking off a trade war with America's closest allies

Sources:  AP via ''The News & Observer  Business Insider  Reuters


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