The US-EU trade war: a blessing in disguise for EU fashion and cosmetics companies?

Brussels - In retaliation for US President Donald Trump’s safeguard measures imposed on steel and aluminium imports from the EU to the United States, the European Commission took steps to neutralize these measures. As of 20 June 2018 it will be increasing taxes up to 25 percent on US products, including cosmetic preparations, t-shirts, trousers and denim, as well as men’s footwear, whisky, bourbon, tobacco, cranberries, etc.