<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/"
     xmlns:dc="http://purl.org/dc/elements/1.1/"
     xmlns:atom="http://www.w3.org/2005/Atom"
     xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
     xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
     xmlns:georss="http://www.georss.org/georss"
     xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#"
     xmlns:media="http://search.yahoo.com/mrss/">
    <channel>
        <title><![CDATA[European Union eyes tariffs on American coal, farm goods over trade dispute]]></title>
        <atom:link href="https://usagag.com/2020/06/23/european-union-eyes-tariffs-on-american-coal-farm-goods-over-trade-dispute/" rel="self" type="application/rss+xml" />
        <link>https://usagag.com/2020/06/23/european-union-eyes-tariffs-on-american-coal-farm-goods-over-trade-dispute/</link>
        <lastBuildDate>Tue, 23 Jun 2020 16:57:46 +0000</lastBuildDate>
        <sy:updatePeriod>hourly</sy:updatePeriod>
        <sy:updateFrequency>1</sy:updateFrequency>
        <generator>https://usagag.com</generator>
        <media:content url="/uploads/2020/06/european-union-eyes-tariffs-on-american-coal-farm-goods-over-trade-dispute.jpg" medium="image">
            <media:title type="html">European Union eyes tariffs on American coal, farm goods over trade dispute</media:title>
        </media:content>
        <content:encoded><![CDATA[<p>The European Union wants to slap tariffs on American industries that are politically near and dear to President Trump and congressional Republicans this election year, a new report says.</p><p>The EU has asked the World Trade Organization for permission to impose tariffs on $11.2 billion worth of US exports that would hammer farmers, coal producers and fisheries, <strong>Bloomberg News reported</strong> Tuesday.</p><p>The move could reportedly hit parts of the US that are politically crucial for Trump and top GOP lawmakers. For instance, the EU&#8217;s coal tariffs may target Missouri — which has two Republican senators — while House Minority Leader Kevin McCarthy&#8217;s California district could be vulnerable because it produces fruits and nuts, according to Bloomberg.</p><p>House Minority Whip Steve Scalise&#8217;s Louisiana district could also be affected by tariffs on roughly $700 million in seafood exports, the news service reported.</p><p>The EU&#8217;s request is reportedly the latest episode in a lengthy trade dispute with Washington over aerospace subsidies. The WTO gave the US a $7.5 billion award last year over the EU&#8217;s illegal subsidies for European planemaker Airbus. Europe now wants to retaliate with the new tariffs after the WTO found the US illegally subsidized Airbus rival Boeing, according to Bloomberg.</p><p>The US expects the WTO&#8217;s decision — which could come as soon as next month — to be more limited, &#8220;with only about $300 million at stake,&#8221; the outlet reported. The two sides could reportedly work out a deal to avoid the back-and-forth tariff fight, but the EU&#8217;s chief trade negotiator recently indicated that&#8217;s unlikely.</p><p>&#8220;The US has stepped back from the settlement talks in recent weeks,&#8221; Phil Hogan said two weeks ago, according to Bloomberg. &#8220;Positions are therefore still quite far apart.&#8221;</p>]]></content:encoded>
                <dc:creator><![CDATA[USAGAG]]></dc:creator>
            </channel>
</rss><!--Time: 0.025509119033813-->