Oct 18, 2019
The U.S. hits Europe with a new round of tariffs
The US argues that Europe illegally subsidizes Airbus, and the WTO is backing its new tariffs. But Europe launched a similar complaint against Boeing.
Imported wine is about to become more expensive.
Justin Sullivan/Getty Images
The Trump administration is slapping 25% tariffs on $7.5 billion worth of European products today. The administration’s beef involves European subsidies to the plane manufacturer Airbus. And many of the targeted items lean gastronomical: imports of olives, cheese, wine and Scotch whiskey are on the tariff list.
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