Europe urges Trump to settle trade dispute

Bloomberg

Despite European efforts to avoid an escalation in trade tensions with the US, a tit-for-tat tariff battle over illegal aircraft subsidies is in the offing, according to the European Union’s chief trade negotiator.
“Our view is that we have enough tariffs in the world as it is, so imposing tariffs on each other, which strictly speaking we are allowed to do according to the World Trade Organisation (WTO), would not be a good solution to this,”
European Trade Commissioner Cecilia Malmstrom said.
“We have made a quite detailed proposal,” she said. “So far, unfortunately, the US has not said that they are willing to negotiate.”
The US has already proposed a retaliation list that could cripple Airbus’ US-based operations because it targets more than $9 billion worth of American-bound exports of European aircraft, helicopters and parts.