Breaking News: EU preparing counter tariffs of USD 208 on the US goods - Bloomberg

Headlines are crossing the wires, via Bloomberg, citing that the European Union (EU) is preparing counter tariffs of USD 208 on the US goods.

Meanwhile, the EU Trade Commissioner Malmstrom was reported, as saying that she still hopes to find a solution with the US.

These headlines come ahead of the trade talks between the European Commission President Juncker and the US President Trump due later on Wednesday.