h/t Gates of Vienna
[ConnexionFrance] French wines, cheeses and olives are among a wide range of European products to be slapped with tariffs of 25% by the USA from October 18.
Meanwhile, aeroplanes and aeroplane parts made in Europe will be subject to tariffs of 10%.
The tariffs were announced after the United States Trade Representative won approval from the World Trade Organization (WTO) to impose import tariffs on $7.5billion of goods in response to EU subsidies to Airbus - the largest-ever tariff sanction imposed by the trade body.
Most of the tariffs will be imposed on products from France, Germany, Spain, and the United Kingdom. |