Trump Calls For $4B In New Europe Tariffs While Planning Lifting Sanctions On North Korea
The Trump administration on Monday proposed an additional $4 billion in European Union tariffs.
According to the Office of U.S. Trade Representative, the tariffs are in response to EU aircraft subsidies, and the listed products are valued at $21 billion.
The proposal builds on an initial list the trade office published in April, adding more goods facing potential tariffs, Reuters reports.
Administration officials said the additions were in response to “public comments and additional analysis,” without expanding on its reasoning.
The move comes as president Donald Trump is considering a potential deal with North Korea that would accept the country as a nuclear power and lift sanctions against the authoritarian regime.
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