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WTO-Airbus dispute prompts US to slap 10 percent tariff on EU aircraft, 25 percent levy on other goods

By Kat Lucero ( October 2, 2019, 20:48 GMT | Insight) -- European aircraft imports will be hit with an additional 10 percent tariff by the US starting Oct. 18, while agricultural and some industrial goods will face an additional 25 percent tariff, a US Trade Representative official said. The levies are part of the Trump administration’s move to retaliate against what it claims are illegal EU subsidies to French aircraft maker Airbus. The announcement came shortly after the World Trade Organization said the US can impose tariffs on $7.5 billion worth of European goods because the EU hasn’t been complying with WTO recommendations to fix government subsidies to Airbus.European aircraft will get hit with an additional 10 percent tariff by the US, while agricultural and some industrial goods will face an additional 25 percent, starting Oct. 18, as part of the Trump administration's move to retaliate against the EU's illegal subsidies to French aircraft maker Airbus, a US Trade Representative official said today....

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