The U.S. Trade Representative said it is considering additional tariffs on $3.1 billion worth of products from France, Germany, Spain, and the U.K.
The tariffs are permitted by the World Trade Organization after its ruling in favor of Boeing.
The U.S. already has a 15% tariff on Airbus aircraft.
“Talks between the U.S. and EU aimed at reaching agreement over a range of trade issues have slowed down in recent months, and a quick deal no longer seems likely,” said Clayton Allen, an analyst at Height Securities.
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