Trump set to hit EU with tariffs on $7.5B of goods after Airbus ruling

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Donald Trump is poised to hit Europe with tariffs on up to $7.5 billion of EU exports per year. It's setting the stage for an escalation of the transatlantic trade fight

parallel caseWhile Brussels' stated preference is to negotiate a settled resolution covering both cases, the European Commission is considering options to retaliate quickly, should Washington act on the ruling, EU trade chief Cecilia Malmström

Brussels "has consistently communicated to the United States that the European Union is ready to work with them on a fair and balanced solution for our respective aircraft industries," she added. "So far the U.S. has not reacted." For its part, Boeing has urged USTR to focus the retaliation at Airbus planes, helicopters, fuselages and wings.

There's a political risk if Trump ratchets up tariffs on Airbus products, especially if that affects production on the European aerospace company's production facilities in Mobile, Ala. Members of Congress as well as state and local officials have expressed concern about potential job losses if their supply chains are disrupted by U.S. retaliation.EU officials have rejected the idea of paying Washington compensation for any damages, arguing Boeing has benefited from similar subsidies.

French Economy Minister Bruno Le Maire said the EU preferred an "amicable solution" to the dispute. However, "if the United States chooses to impose sanctions, it would be an economic and political mistake. We will be ready with our European partners to respond firmly to them."

 

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The USA will attack Irish butter and Irish creme liquor imports both of which are substantial. Does Uncle Sam have any friends left

Bring it on, Waddling Slummock.

US manufacturing has taken a big hit along with farmers thanks to Trumps trade wars. Stock Market is dropping. Trump recession is coming.

No focus on Airbus getting illegal subsidies?

Why not. It's a proven winner. 🙄

So now realDonaldTrump wants to destroy the world economy?

That is Great!

Failed businessmen do not make great policies.

The EU which has BOWED DOWN to China's Belt & Road Initiative IS NOW a SLAVE of the CCCP (CORRUPT Chinese Communist Party). Any time tariffs are slapped on China, the EU should ALSO be slapped with AN EQUAL $ value of TARIFF to make sure the Chinese BELT SHRINKS & the ROAD CRACKS

So now he wants to “Crash” the market?

What is he threatening to do with tariffs for countries to do his campaign dirty work? He can’t be trusted with ANYTHING.

Then lose the war, beg to go back to previous agreement, then claim victory.

Trump is a shallow person who has no morals no ethics no sense of value and no love for our county, just for himself. When he gets arrested I would like to see him locked up with the General Population in Federal Prison, most of his cronies will be there.

Silly fool .. alienating your Allies is not good politics.

We had great trade treaties with the EU and other European countries till trump decided to use his “ art of the deal “

He’s out of control and out of his mind.

Please impeach him before we end up in WW3

Got to get that money over here before he exits the WH.

A momentary change of subject...

Yay, another trade war! --- Said no one with an IQ above 50

Since the trade war with China is going so well

Because that’s working so well for our economy.

This is all so that we lose these markets and Russia can then take them over. Russia took over much of our agriculture exports due to these tariffs. I wish we could get more investigation on this. These tariffs are being done on purpose to weaken our economy.

Trump’s buddies can still get their exotic cars and expensive wine

So more threatened tariffs, while meanwhile he’s calling European leaders in secret calls to solicit help for personal political reasons.

Italy would not make up evidence against Biden

Putin will be thrilled.

All according to his master's plan.

He can't do that as a private citizen in prison... ArrestDrumpfPompeoBarrRudy

He wants to take the country down with him. This is sickening. ImpeachmentNow

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