Trump administration's EU tariff wish list ranges from big-ticket items such as jets to more mundane goods like pyjamas
A container ship is loaded at the harbour in Hamburg, Germany. The United States is considering putting tariffs on $11 billion in EU goods per year to offset what it says are unfair European subsidies for planemaker Airbus. October 15, 2018.
The US tariff wish-list, released late Monday, reflects the Trump administration's calculation of the harm the EU subsidies have inflicted on the United States and specifically to Boeing. A WTO arbitrator is expected to rule this summer on how much relief the US is actually entitled to. Instead, she noted, Trump administration declared its intentions "with fanfare and hoo-ha" in a press release designed to attract public attention.
In the end, more tariffs could further raise consumer prices in the United States and weigh on the global economy at a time when it's showing alarming signs of stress as the US wages a broader trade war with China. The Trump administration's list of European products to tax includes the types of helicopters and aircraft Airbus makes but also a wide range of European exports: famous cheeses like Stilton, Roquefort and Gouda, wines and oysters but also more obscure exports like ceramics, knives and pyjamas.
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