Cheese, French wines, planes on target list for $7.5B retaliation award
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.
Trump administration officials said the EU would be acting in “bad faith” if it imposed retaliation by tapping potentially billions of dollars of unused authority from an old trade dispute that the United States believes was resolved 13 years ago. That case involved illegal export subsidies for Boeing, which EU officials said was resolved in 2006 after Congress repealed the offending provisions.
For its part, Boeing had urged USTR to focus all of the retaliation at Airbus planes, helicopters, fuselages and wings. EU officials have rejected the idea of paying Washington compensation for any damages, arguing Boeing has benefited from similar subsidies. French Economy Minister Bruno Le Maire said the EU preferred an "amicable solution" to the dispute. However, "if the United States chooses to impose sanctions, it would be an economic and political mistake. We will be ready with our European partners to respond firmly to them."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
In Lakewood, our critic considers burnt cheese tacos and carne asada mac ’n’ cheeseCritic Patricia Escarcega reviews chef Beeline Krouch's Lakewood taqueria, Chinito's Tacos.
Read more »
U.S. hits Scotch whisky, Italian cheese, French wine with 25% tariffsThe Trump administration put 25% tariffs on French wine, Italian cheese and sing...
Read more »
20 Ways to Use Mascarpone CheeseSo many recipes leave you with a half-eaten tub. Here's how to use those leftovers up.
Read more »
Whole Foods recalls cheese in 7 states over listeria concernsThe recalled cheese was sold in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, and Rhode Island.
Read more »
Popular in Wisconsin: Cheese, the Packers and...Risky BondsA Wisconsin agency has issued billions of dollars in tax-exempt debt across the U.S., and some of that debt is now starting to sour.
Read more »