US loads its tar­iff gun in a duel with Europe

The Tribune (SLO) - - Insight - BY ANA SWANSON

WASH­ING­TON

The United States and the Euro­pean Union are pre­par­ing to im­pose tit­for-tat tar­iffs on each other’s prod­ucts, the lat­est es­ca­la­tion in a 14-year fight over gov­ern­ment aid given to Boe­ing and Euro­pean ri­val Air­bus.

“The World Trade Or­ga­ni­za­tion finds that the Euro­pean Union sub­si­dies to Air­bus has ad­versely im­pacted the United States, which will now put Tar­iffs on $11 Bil­lion of E.U. prod­ucts!” Pres­i­dent Don­ald Trump said in a tweet Tues­day morn­ing. “The E.U. has taken ad­van­tage of the U.S. on trade for many years. It will soon stop!”

The of­fice of the U.S. trade rep­re­sen­ta­tive said Mon­day night that it was pre­par­ing a list of Euro­pean prod­ucts to tax as re­tal­i­a­tion for Euro­pean sub­si­dies to Air­bus, which the World Trade Or­ga­ni­za­tion ruled were il­le­gal in May 2018. That prompted the Euro­pean Union to an­nounce that it was ready­ing a list of tar­iffs to counter U.S. sub­si­dies to Boe­ing.

The moves come amid tense trade re­la­tions be­tween the United States and Europe, which are en­gaged in a bat­tle of tar­iffs af­ter Trump’s de­ci­sion last year to tax Euro­pean steel and alu­minum. Trump has re­peat­edly threat­ened to im­pose tar­iffs on Euro­pean cars and car parts if the Euro­pean Union does not agree to bet­ter trade terms for U.S. prod­ucts, and Europe has said it will re­tal­i­ate on U.S. goods if Trump fol­lows through.

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