E.U. threatens U.S. with tit-for-tat tariffs on handbags, fish, ketchup, tractors

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E.U. threatens U.S. with tit-for-tat tariffs on handbags, fish, ketchup, tractors
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Handbags, tractors, shovels and fish are part of an 11-page list of U.S. imports worth $20,000,000,000 that the European Union said it could hit with tariffs in a transatlantic aircraft subsidy dispute.

Handbags, tractors, shovels and fish are part of an 11-page list of U.S. imports worth $20 billion that the European Union on Wednesday said it could hit with tariffs in a transatlantic aircraft subsidy dispute.

After partial victories for both sides, each is asking a WTO arbitrator to determine the level of countermeasures they can impose on the other. Brussels has responded with its own list of some $20 billion worth of U.S. imports, including agricultural produce from dried fruit to ketchup, planes, fish, tobacco, handbags, suitcases, tractors, helicopters and video game consoles."The E.U. remains open for discussions with the U.S., provided these are without preconditions and aim at a fair outcome," E.U. Trade Commissioner Cecilia Malmstrom said in a statement.

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