The Trader 

Market Outlook: US Trade Representative’s list of tariffs

The Trader

CNBC reports that yesterday Robert Lighthizer, US Trade Representative, proposed a series of new tariffs on imports from the EU in retaliation to the long-running dispute around aircraft subsidies. The World Trade Organisation found (some time ago) that there were ‘adverse effects’ amounting to $11 billion caused by EU subsidies to Airbus, hitting Boeing hard. The new list includes wine and food imports, as well as aircraft parts and might come into force this summer.

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