If you’re a fan of European cheeses, I’m sorry to report the price outlook is not Gouda.
The U.S. and the European Union have a long-running trade dispute over airplane subsidies. Each side alleges that the other is subsidizing its major commercial-aircraft manufacturer (Boeing and Airbus, respectively) in violation of World Trade Organization rules. The WTO says both sides are right: Boeing and Airbus both receive improper subsidies. Soon, the WTO will say how much in retaliatory tariffs each side may impose to punish the other for these violations. And in preparation for that decision, the U.S. has prepared a list of $25 billion worth of European exports we might subject to 100 percent tariffs.
The list reads like an order sheet from Dean & DeLuca.
Tariffs may be applied to cheeses including Gouda, Stilton, Roquefort, and Parmigiano-Regianno. Olive oil. Olives. Dried cherries. Apricot jam, peach jam, currant jelly, pear juice. Ham, including Proscuitto di Parma, Jamón Ibérico, Jambon de Bayonne and any of the other delicious European hams. Wine. Whiskey. Brandy (e.g., Cognac). If you might buy it to throw a fabulous cocktail party, it may soon be subject to a prohibitive tariff.
Meanwhile, the EU has released its own list of goods it might tariff because of our subsidies to Boeing — it includes live lobsters, orange juice, and rum.
Donald Trump, who doesn’t drink, says you shouldn’t worry about wine tariffs because the best wines are American anyway. But while high tariffs that upset coastal snobs would seem to combine two of Trump’s passions, his strategy of threatening these tariffs is actually one of the more ordinary parts of his trade policy. Long before Trump was president, the U.S. and Europe have exchanged punitive tariffs on luxury and specialty goods as tools to push for resolutions to valid trade grievances [ . . . ]
Dozens of French mayors have taken the law into their own hands and illicitly banned pesticides near populated areas in their towns and villages. The rebel move has angered France’s agriculture minister who says it threatens French food production.
It all began when Daniel Cueff, the mayor of Langouët in Brittany, on May 18 climbed onto a wooden box dressed in white protective gear and announced to his village that he had imposed a ban on pesticide use within 150 metres of the district’s homes and workplaces. “It is legitimate for a mayor to take action when there is incompetence by the state,” he said, referring to the 2009 European Union directive that requires member states “to take steps to protect residents from pesticides”. [ . . . ]
75 years ago, the capital was finally free from the German yoke. This historic day will remain, in the eyes of the whole world, the symbol of the renewal of France and democracy.
“There are minutes there, we all feel it, which exceed each of our poor lives.” This August 25, 1944, late afternoon, the atmosphere is solemn at the City Hall of Paris. General de Gaulle, who has just arrived suddenly in this high place of republican declarations, is received by the communist Georges Marrane, on behalf of the Paris committee of the Liberation, and by the Catholic Georges Bidault, president of the National Council of the Resistance (CNR), the successor of Jean Moulin. Paris has just been released in the middle of the afternoon from the Nazi yoke. Everything was done in haste. [ . . . ]
The Paris area hit 108.3 degrees Fahrenheit, beating the previous record of 104.8 F set in 1947.
PARIS (AP) — Record temperatures are being set across Europe, including Paris, as the continent swelters Thursday in what is its second heat wave this summer.
Climate scientists warn this could become the new normal in many parts of the world. But temperate Europe — where air conditioning is rare — isn’t equipped for the temperatures frying the region this week.