U.S. to impose new tariffs on EU goods following WTO ruling


The Trump Administration announced new tariffs
on imported goods from Europe… set to kick in on October 18th. The U.S. trade office has decided to impose
25 percent duties on agricultural and industrial goods… and 10 percent on aerospace products. This… after the World Trade Organization
ruled on Wednesday… that the Washington may slap tariffs on up to 7.5 billion U.S.
dollars worth of goods from the EU. The WTO gave the approval after judging that
European aerospace firm Airbus… had been provided with illegal government subsidies. The EU has made its own request to levy new
tariffs on American goods.,… over similar allegations surrounding U.S. aerospace giant
Boeing.

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