U.S. Plans Tariffs on $4B EU Goods

The video discusses the ongoing trade dispute between the US and EU over aircraft subsidies. The Trump administration is proposing new tariffs on $4 billion worth of EU goods, following a similar move in April. The dispute has a long history, with both sides accusing each other of illegal subsidies. The proposed tariffs cover a wide range of EU products, including whiskies, pork, and metals. While this move is likely to irritate the EU, it is not as significant as the US-China trade conflict.

What is the significance of the proposed new tranche of tariffs mentioned in the text?

In comparison to Trump's tariff battle with China, how do the numbers of the proposed tariffs against the EU measure up?