Investing.com -- In response to President Donald Trump’s tariffs on steel and aluminum, the European Commission proposed counter-tariffs of 25% on a range of U.S. goods on Monday. These tariffs will be implemented in two stages, with some taking effect on May 16 and others on December 1, as per a document seen by the press.

Interestingly, bourbon, which was originally considered for the tariffs in March, has been removed from the list by the Commission. The specific goods that will be subjected to these tariffs were not detailed in the document. The European Commission’s move is the latest development in the ongoing trade tensions between the U.S. and the European Union.

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