US raises tariffs on French and German wines & aircraft parts over ‘unfair’ Airbus subsidies ...News

Economy by : (Russia Today) -
Citing the ‘unfairness’ of European Union subsidies to Airbus and tariffs imposed on US-based Boeing products, the US Trade Representative office said it would raise dues on certain French and German wines and spirits. The increased tariff will apply to imported cognacs, brandies and “certain non-sparkling wines,” as well as “aircraft-related parts,” Reuters reported on Wednesday citing a statement from the Office of the US Trade Representative.  The USTR did not specify the rate of the new tariff or when it would take effect, saying only that additional details will be “forthcoming.” Also on rt.com

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