In new assault Trump threatens more tariffs against European Union

trump tariff

TL;DR

Trade Representative proposed targeting a list of EU products for tariffs as retaliation for European aircraft subsidies. Analysts were divided over whether the ramped up dispute would lead to greater global trade issues. The United States is a major market for Volkswagen Mercedes maker Daimler and BMW. And it lets the EU know which European industries might be hit and perhaps encourage a settlement. and EU have been negotiating since last year about how to avoid tariffs that Trump has wanted to impose with little result. of goods from the eu raising the stakes in the transatlantic trade dispute between the worlds two largest economic superpowers. Airbus said it saw no legal basis for the US to slap tariffs on EU goods. The dispute comes at an increasingly delicate time for world trade which is slowing in part because of concerns over Trumps protectionist policies

More Trump Tariff: