The European Parliament is set to approve negotiating terms with the U.S. regarding trade talks on Apr. 15. The negotiations will prove controversial due to disagreements over the inclusion of agriculture in talks as well as U.S. threats of automotive tariffs and the recently launched package of potential duties the U.S. wants to apply in retaliation for aerospace subsidies. The latter are focussed on food and beverages but also include capital equipment, with $698 million of EU exports of construction equipment and power tools in 2018 being targeted. Those tariffs will capture fast-grow...
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