BRUSSELS: The EU on Wednesday unveiled a wide-ranging list of USmade goods, from beeswax to car parts, subject to tariffs in retaliation for subsidies to Boeing as a transatlantic trade war risked re-erupting. “European companies must be able to compete on fair and equal terms… We must continue to defend a level playing field for our industry,” said EU trade commissioner Cecilia Malmstrom in a statement.
Europe’s $12-billion claim against Boeing comes on the trail of a similar demand by the US for $11 billion in compensation for EU subsidies towards Airbus.