The U.S. is considering tariffs on an additional $4 billion of goods from the European Union over what it considers to be illegal aircraft subsidies. Whether it does so depends on the results of a World Trade Organization assessment of EU subsidies on large civil aircraft, specifically to Airbus. The U.S. Trade Representative's Office disclosed Monday that it could target a further 89 sub-categories following an earlier list in April. A U.S. tariff wish-list released in April reflected the Trump administration's calculation of the harm the subsidies inflicted on the U.S. — and specifically to Boeing. The USTR said it plans a public hearing in August on the proposed additional tariffs.

Source: ABC News July 02, 2019 11:04 UTC