Brussels has warned that US products from hazelnuts to tractors could face punitive tariffs in retaliation for state support to Boeing, as Washington and Brussels gear up for the next stage of their long-running transatlantic dispute over aircraft subsidies.
The European Commission on Wednesday published a draft list of products that could be targeted for additional duties. The move follows a victory for the EU at the World Trade Organization, which ruled last month that Washington had failed to end an illegal tax break to Boeing.
The list’s publication comes only days after the US announced similar plans to target up to $11bn of EU products in response to WTO rulings against subsidies for Airbus.
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