U.S. Proposes More Tariffs on EU Goods

The video discusses the ongoing trade tensions between the US and Europe, focusing on the tariffs proposed by the US and their impact on Airbus and Boeing. It highlights the role of the WTO in mediating these disputes and contrasts it with the US's approach to trade issues with China. The discussion also covers the subsidies provided to Airbus and Boeing by their respective governments and the arbitration process to resolve these issues.

What is the main cause of the trade tensions between the US and Europe discussed in the video?

• Differences in aircraft design

• Disagreements over environmental policies

• Competition in the automotive industry

• Government subsidies to Airbus and Boeing

How do the subsidies for Airbus work according to the video?

• Countries provide loans that are repaid over time

• Airbus is exempt from import duties

• Airbus receives direct cash payments annually

• Subsidies are given in the form of tax breaks

What financial impact do the subsidies have on Boeing, as mentioned in the video?

• No significant financial impact

• A damaging effect of $11 billion annually

• A gain of $11 billion annually

• A loss of $5 billion annually

What recent action has the US taken in the trade dispute?

• Filed a complaint with the WTO

• Imposed tariffs on aircraft parts

• Imposed tariffs on unrelated products like olive oil

• Negotiated a new trade agreement

How does the US's approach to the Airbus-Boeing dispute differ from its approach to trade tensions with China?

• The US is ignoring the WTO in both disputes

• The US is engaging with the WTO in the Airbus-Boeing dispute

• The US is seeking bilateral talks with China

• The US is imposing tariffs on both disputes