In Summary from the Wall Street Journal (gated):
- The European Union has completed a second list of potential counter-tariffs on U.S. goods valued at €72 billion (US$84 billion), amid rising trade tensions.
- The list, drafted by the European Commission, targets items such as Boeing aircraft, cars, bourbon, machinery, chemicals, plastics, medical devices, and various agricultural products.
- Originally covering €95 billion in goods, the scope was narrowed following consultations with businesses and EU member states.
- The measures still need approval from EU governments, and the Commission has not issued a public statement yet.
This article was written by Eamonn Sheridan at www.forexlive.com.
