The news earlier on US proposes adding more tariffs to $4bn of EU goods
A little more, details still thin but this via US Trade Representative:
- issuing a supplemental list of products that could potentially be subject to additional duties
- for public comment
- in order to enforce U.S. rights in the World Trade Organization (WTO) dispute against the European Union (EU) and certain EU member States regarding EU subsidies on large civil aircraft
- supplemental list adds 89 tariff subheadings with an approximate trade value of $4 billion to the initial list published on April 12, which included tariff subheadings with an approximate trade value of $21 billion
EUR/USD had been heavy all day through out US time. Nothing suss:
