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US widens trade war with tariffs on European

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GetRich902902   Thursday, 10/03/19 10:22:04 AM
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US widens trade war with tariffs on European planes, cheese, whisky

US plans 10 per cent tariffs on aircraft, 25 per cent on other goods
The United States on Wednesday said it would slap 10 per cent tariffs on European-made Airbus planes and 25 per cent duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal European Union aircraft subsidies.

The announcement came after the World Trade Organization gave Washington a green light to impose tariffs on $7.5 billion worth of EU goods annually in the long-running case, a move that threatens to ignite a tit-for-tat transatlantic trade war.

The measures would follow tariffs levied by the United States and China on hundreds of billions of dollars of each other's goods in their more than year-old trade war.

https://www.thehindubusinessline.com/news/world/us-widens-trade-war-with-tariffs-on-european-planes-cheese-whisky/article29582028.ece

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