EU issues $20 billion list of U.S. imports for tariffs
The European Commission published a list of $20 billion worth of U.S. imports it could hit with tariffs in a dispute over Boeing aircraft subsidies.
The EU retaliation plan follows a U.S. threat to seek $11 billion in damages through duties on European goods ranging from helicopters to cheeses to counter state aid to Airbus SE.
The proposed tariffs cover a range of products from aircraft to chemicals and food products including frozen fish, citrus fruit, and ketchup.
EU Trade Commissioner Cecilia Malmström said that "European companies must be able to compete on fair and equal terms." According to her, the recent WTO ruling is important in this respect. "We must continue to defend a level-playing field for our industry," BBC cited Malmström as saying.
The European Commission began a public consultation over the American products ranging from ketchup and nuts to video-game consoles and bicycle pedals. The WTO will ultimately decide the level of damages the EU can seek, with a verdict possible toward the end of this year or in early 2020.