The U.S. government has launched consultations regarding a second round of retaliatory tariffs on EU exports relating to a WTO ruling on subsidies provided by the EU to Airbus. While the process is WTO-ratified, it may nonetheless add to tensions between the EU and U.S. Relations are also be affected by tariffs set to be imposed by the U.S. in relation to digital services taxes. The new round of tariffs – where consultations are set to run through January – is focused on the aerospace, food and beverage sectors. Aerospace is the major target with $9.66 billion of imports in the 12 months...