Brussels plans retaliatory tariffs on Boeing aircraft, cars, and bourbon, targeting €72bn of US imports if trade talks with Washington fail, following President Trump’s declaration of a 30% tariff on the EU. The European Commission has drafted a new list of tariffs, which will require approval from EU countries, as negotiations continue to bridge the gap between both sides.
Explain It To Me Like I’m 5: Brussels wants to charge extra money on things like Boeing planes, cars, and bourbon from the US if they can’t agree on trade rules with America, after the US said they would start charging more for things coming from Europe.
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