A fresh trade conflict between the EU and the US could be on the horizon, after the World Trade Organization (WTO) has ruled that the United States can impose tariffs on more than $7 billion of EU goods.
Cheese, wine, olives and many other European goods are now subject to fresh US tariffs in a row over EU subsidies to Airbus. As Brussels threatens retaliation, Germany urges progress in talks for a US-EU trade deal.
Aircraft and agricultural items from Europe will be subject to US tariffs in the latest round of a long legal fight. The move sets the stage for tit-for-tat trade escalation between the US and the EU.
The US government plans to order punitive tariffs on billions of dollars' worth of EU goods after it scored a victory in a long legal fight at the WTO. Many on the EU side warn of retaliation and potential escalation.
"Donald Trump" and "tariff war" are terms that, for many people, go together. But does the EU really behave any better? Felix Steiner dismantles a few prejudices.
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