A Bloomberg report on likely damaging tariffs to be imposed on the EU, citing "people familiar with the plan".
- The U.S. may employ a trade weapon designed to maximize pain against the European Union
- office of the U.S. Trade Representative has already compiled a list of possible goods it will target
- But instead of choosing a static list of products, the U.S. may rotate them to create uncertainty and hit as many industries as possible
This will follow the dispute over the past 14 years over illegal subsidies provided to Boeing Co. and Airbus
Link is here, a useful read on what is coming up in the weeks ahead.
