The European Union will take decisive action against the United States if it is unwilling to settle a long-running row over aircraft subsidies and presses ahead with a series of new trade investigations, Europe's trade commissioner said on Monday.
It has already awarded Washington the right to impose duties on $7.5 billion of European goods related to subsidies given to Airbus but is only expected to rule in September what retaliation Europe can take over support for Boeing.
Since U.S. President Donald Trump took office, he has repeatedly criticised the European Union over its trade surplus in goods and imposed tariffs on metal imports from the EU and threatened to do the same for cars made in the bloc. The investigations cover mobile cranes and transformers and have been expanded to include steel products, such as nails. The United States is also looking into whether planned EU digital services taxes impede U.S. commerce.
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