News Analysis
President of the European Union Jean-Claude Juncker told an audience in Hamburg on March 2, “We can do stupid as well.” Juncker was referring to President Donald Trump’s threat of imposing import tariffs on certain goods coming from the EU.“So now we will also impose import tariffs,” Junker said. “This is basically a stupid process, the fact that we have to do this. But we have to do it. We will now impose tariffs on motorcycles, Harley Davidson, on blue jeans, Levis, on bourbon.”
