More Tariffs…….

I guess President Trump doesn’t want the EU feeling left out so he has threatened to add 89 tariff subheadings to the EU Aircraft Dispute. For those of you not familiar, the US and Europe have a long running dispute over aircraft subsidies given to Airbus(EU) and Boeing(US). This dispute dates back 15 years and is the world’s largest corporate trade dispute EVER. Both sides have been found to have received billions of dollars of harmful subsidies in the past so current negotiations are important for both sides. IF an agreement can not be reached the additional tariffs could be imposed immediately.

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