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U.S. looks to hit Europe with tariffs, mega-IPO is back on, and the bond market is still in rally mode.

The never-ending dispute between the U.S. and Europe over support to subsidy-reliant aircraft manufacturers Boeing Co. and Airbus SE took another turn when Washington added $4 billion of EU goods that could be targeted as part of the tiff. Needless to say, the Europeans have their own list of retaliatory measures ready should the situation get more serious. Shares in Airbus dropped as much as 1.4% in Paris this morning, with the company calling the whole thing a lose-lose situation. One positive bit of news on the tariff front is that President Donald Trump said measures against Mexico are off the table after the country’s response to immigration flows.