European Union threatens tariffs on $20 billion US products

Brussels: The European Union on Wednesday released a list of US products worth $20 billion to be targeted as countermeasures due to a long-running dispute over aircraft subsidies. The US goods that could be targeted over subsidies given to Boeing, included cheese, ketchup and fish, CNN reported. The move followed a similar step taken by the Donald Trump administration, which threatened last week to impose tariffs on EU imports worth $11 billion over subsidies for regional planemaker Airbus. (IANS)

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