The US could slam tariffs on $3.1 billion of European goods, with products like olives, beer, gin, and planes on the list
A month long-public comment period will end on July 26, the notice said, at which point it will likely impose the tariffs.benefitted from billions of dollars of unfair subsidies in different cases dating back to 2004. Airbus is based in Europe, while Boeing is in the US.on the European Union affecting aircraft parts and luxury goods in a major win for US President Trump.
Bloomberg reported that Trump's top trade official Robert Lighthizer said he is increasing tariffs to convince the EU to agree to a settlement. EU Trade Commissioner Phil Hogan told European trade ministers in June: "The US has stepped back from the settlement talks in recent weeks. If this remains the case, the EU will have little choice but to exercise its retaliation rights and impose our own sanctions.
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