The European Union publishes the US product hit list, preparing the WTO for action against Trump’s tariff. world News

Brussels: The European Union published on Thursday, which is a list of American imports that it would target with ventilative duties if a solution is not found to end US President Donald Trump’s tariff war, which may include aircraft manufacturer Boeing.At the same time, the European Union Executive Branch, the European Commission, said it would initiate legal action in the World Trade Organization on “mutual tariffs” which Trump had imposed on countries around the world a month ago. Commission Chairman Ursula von Der Leyen said, “The European Union is fully committed to finding the results of the talks with the US.” “At the same time, we continue to prepare for all possibilities.” The Commission manages trade deals and disputes on behalf of 27 European Union countries. In early April, Trump imposed a 20 percent levy on goods from the European Union as part of his tariff attack against global trading partners. A week later he stopped them for 90 days to give countries a chance to negotiate a solution to American trade concerns. A blanket 10 percent tariff still applies to the imports of the European Union. The Commission attracted the counterents to target US goods 20.9 billion euros (USD 23.6 billion), which would be killing what Trump would be killing in Europe. But this gave them a chance to stay for 90 days. Bloc’s top trade officer has tried to find a solution between Brussels and Washington, but it is very low to show, the Commission has made a list of American imports for a possible targeting of 95 billion euros (USD 107 billion). The list is broken into wide categories of regions and products rather than brand names. This includes 10.5 billion euros (USD 11.9 billion) aircraft, 10.3 billion euros ($ 11.6 billion) in vehicle parts and 2 billion euros (USD 2.3 billion USD) in vehicles. About 1.3 billion euros (USD 1.5 billion) can also be a hit in import of American liquor, beer and spirits. European liquor producers have been deeply concerned that Trump’s tariffs will give a serious blow to their territory, depending on the US as its top market. Before taking decisions in the next stages of the Commission, companies and parties are being given by June 10 to provide feedback. A Commission official said, “Boeing is very welcome to comment in this list.” In parallel, the Commission said that it will take legal action in the governing body of the World Trade, and will soon request a consultation with the United States to try to resolve the issue, which should be within two months. It said that this action would focus on Trump’s “universal” mutual tariffs, and duties on cars and car parts. A statement said, “It is a unequal view of the European Union that these tariffs violate the fundamental WTO rules.” The Commission estimates that 379 billion euros (USD 428 billion) of exports of European Union in the US have been hit by new tariffs, in which Trump took over. It said that they are already “raising costs for business, increasing growth, promoting inflation and increasing economic uncertainty.”