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US tariffs on EU: New goods valued at 4 billion US dollars are targeted



The tariffs announced by the US Trade Representative late Monday include 89 items, including meat, cheese, pasta, fruit, coffee and whiskey. They could be added to a $ 21 billion list of EU exports that would be subject to duty in April, according to USTR.

The danger of targeting more European goods is only days after the US and China agreed to resume negotiations on a trade agreement. President Donald Trump said he would stop the introduction of new tariffs for China.

Washington has been in dispute with the European Union over two of the world's largest aircraft manufacturers for years – Boeing ( BA ) and Airbus [1
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The conflict dates back to 2004, when the EU authorities stated that Boeing received $ 19 billion in unfair subsidies from federal and state governments between 1989 and 2006. The US government filed a similar lawsuit this year for European subsidies to Airbus.

The World Trade Organization has since made mutually beneficial decisions that emphasize the complexity of the dispute.

The rates proposed by the Trump Administration are subject to public consultation in the United States and arbitration at the WTO It is expected that the results will be published this summer.

It is the latest in a series of trade conflicts between the United States and the European Union. The Trump government has already imposed tariffs on European steel and aluminum, to which the EU authorities have responded with tariffs on US goods worth more than $ 3 billion.

Trump has also threatened to impose tariffs of up to 25% on cars coming to the United States. This could hit European car manufacturers like Germany and France.
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Trade The relationship between the two sides is worth more than a trillion dollars a year, but Europe exports significantly more goods to the United States than vice versa.

The escalation of trade tensions with a major US trading partner comes one day after a truce with another.
Trump and his Chinese counterpart, President Xi Jinping, announced over the weekend that trade talks between the United States and China would resume after months of insecurity. Trump said the negotiations are "back on track". He later added that he was holding back $ 350 billion in new tariffs on Chinese goods and suspended a ban on American companies selling components to Chinese technology giant Huawei.

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