EU Threatens Boeing, US Car Tariffs Amid Trade Standoff
Facing stalled trade negotiations with the U.S., the European Union plans to impose approximately €100 billion in retaliatory tariffs on American goods. These tariffs would target various sectors, including industrial goods, agricultural products, and notably, Boeing aircraft. The proposed levies aim to counter existing U.S. tariffs and address what the EU views as an uneven playing field, particularly concerning Airbus. This action follows minimal progress in talks and reflects the EU’s increasing concern over the significant portion of its exports now subject to U.S. tariffs.
John Q. Hosedrinker