U.S. proposes list of EU goods for tariff retaliation against Airbus subsidies

FILE Photograph: The Airbus image is pictured at Airbus headquarters in Blagnac in the vicinity of Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau

WASHINGTON (Reuters) – The U.S. Trade Representative’s Office on Monday proposed a list of European Union remedies ranging from significant industrial airplane and factors to dairy remedies and wine on which to slap tariffs as retaliation for European airplane subsidies.

USTR produced a preliminary list of European Union remedies to be integrated by attainable obligations in reaction to EU subsidies to Airbus that the Earth Trade Company has uncovered bring about “adverse effects” to the United States, the organization claimed in a assertion.

The organization estimates the damage from these subsidies to be $eleven billion in trade annually, the assertion claimed.

Reporting by Chris Prentice Modifying by Lisa Shumaker

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