U.S. to Put Tariffs on Europe Planes, Whiskies After WTO Ruling

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The U.S. released a final list of billions of dollars of European products it will hit with new tariffs after the World Trade Organization’s landmark ruling on illegal subsidies to Airbus SE.The U.S. plans to impose a 10% tariff on large civil aircraft from France, Germany, Spain and the U.K. It will also slap 25% levies on a range of other items including Irish and Scotch whiskies; wine, olives, cheese; as well as certain pork products, butter and yogurt from …read more

Source:: Yahoo Finance

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