US Proposes retaliatory tariffs on another $4 bn of EU goods.
WASHINGTON July 8 .
The US Trade Representatives (USTR) office has published a list of $4 billion worth of EU goods the US could hit with duties as retaliation for European aircraft subsides. The product range from cherries to meat, cheese, olives and pasta, along with some types of whiskey and cast-iron tubes and pipes. It adds to a list of EU products valued at $21 billion that the USTR published in April.
The USTR estimates that EU subsides to Airbus cause approximately $11 billion in economic harm to the US annually, as per a report.
WASHINGTON July 8 .
The US Trade Representatives (USTR) office has published a list of $4 billion worth of EU goods the US could hit with duties as retaliation for European aircraft subsides. The product range from cherries to meat, cheese, olives and pasta, along with some types of whiskey and cast-iron tubes and pipes. It adds to a list of EU products valued at $21 billion that the USTR published in April.
The USTR estimates that EU subsides to Airbus cause approximately $11 billion in economic harm to the US annually, as per a report.