The U.S.-EU trade war continues to brew and could see Brussels and Washington move forward with more tariffs through the rest of the year, even as both sides reckon with the economic fallout from the COVID-19 pandemic. On June 24, the U.S. Trade Representative's office published a list for the public comment outlining $4.3 billion worth of European products that could be subject to new tariffs as early as August. The products include olives, chocolate and gin from countries such as France, Germany, Spain and the United Kingdom. This latest escalation is part of its 16-year dispute between Washington and Brussels over government subsidies to the U.S.-based aircraft maker Boeing and its chief European rival, Airbus. The United States has been conducting a review of its original round of tariffs on $7.5 billion worth of European imports since they went into effect in October 2019.