Trump’s Jet Leverage Attempt May Cause EU Talks To Crash — Panjiva


Trump’s Jet Leverage Attempt May Cause EU Talks To Crash

Cons. Discr. - Apparel 214 Cons. Discr. - Autos 664 Cons. Discr. - Durables 109 Cons. Staples - Food/Beverages 398 European Union 407 Industrials - Aero/Defense 132 Industrials - Capital Goods 267 Materials - Construction 71 Tariffs 1175 Trade Deals 703 U.S. 3310

The administration of President Donald Trump, via the U.S. Trade Representative, has announced a list of 326 import lines from the EU which it may apply tariffs to in retaliation for EU subsidies provided to Airbus. The review, under the section 301 process, will likely run for several months and could easily jeopardize nascent EU-U.S. trade talks. The latter are contingent on neither side applying new tariffs during the period that negotiations are underway. Panjiva analysis shows the initial list accounted for $23.8 billion of U.S. imports from the EU in 2018, requiring an average 47.0...

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