America’s decision to hit allies with billions of dollars in tariffs will have consequences far beyond aluminum and steel, Levi Strauss & Co. warned lawmakers today.
The comments precede threatened tit-for-tat tariffs from the European Union on U.S. goods such as jeans, Harley-Davidson motorcycles and bourbon. Commerce Secretary Wilbur Ross said the U.S. will levy duties on imported metals from the EU, Mexico and Canada starting Friday.
The company pledged to work with its industry peers to bring the issue to the attention of U.S. and EU authorities on “how these decisions will impact not just our business but consumers and the millions of people across our supply chain.”