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Trump threatens tariffs on $11bn of EU imports such as food and wine

2019-04-10 11:02:20       source:The Guardian

April 9, 2019


Donald Trump has threatened to impose US tariffs on $11bn (£8.4bn) of goods from the EU, raising the stakes in the transatlantic trade dispute between the world’s two largest economic superpowers.


The Trump administration announced the additional levies on EU goods – including roquefort and stilton cheese, wine and aircraft parts – as a response to subsidies for Airbus, the European aerospace and defence group, which it said were harmful to the US.


The latest threat by the White House to slap higher import tariffs on a major trading partner comes after a long-running dispute between the US and the EU over their state subsidy support for Airbus and Boeing, the world’s two biggest civil aerospace firms.


Read more:

https://www.theguardian.com/business/2019/apr/09/trump-threatens-tariffs-on-11bn-of-eu-imports-such-as-food-and-wine