US threatens EU with $4 billion worth of additional tariffs

(Worthy News) – The United States could hit European Union products with $4 billion (€3.5 billion) in tariffs according to a statement on Monday.

The US Trade Representative (USTR) said: “Today, the Office of the US Trade Representative is issuing for public comment a supplemental list of products that could potentially be subject to additional duties.”

The proposal would be a retaliatory measure due to a dispute with the EU over “subsidies on large civil aircraft,” the press release confirmed. [ Source: Deutche Welle (Read More…) ]

The post US threatens EU with $4 billion worth of additional tariffs appeared first on Worthy Christian News.