Tariff threats are flying in all directions. The US just managed to stitch together a truce with China and now US President Donald Trump is upping the ante against the European Union over an old dispute over aircraft subsidies for Boeing and Airbus. The US has released a new list of goods up for tariffs worth four billion dollars. It includes metals, cheese, cherries and whiskey. The Distilled Spirits Council of the United States warns duties would jeopardize American jobs and hurt consumers. The World Trade Organization has found the two biggest airplane makers, Boeing and Airbus, receive billions of dollars in harmful subsidies, but is yet to make a ruling.
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