The Trump administration targets Airbus with new European Union tariffs

Carlos Barria/ Reuters

The Trump organisation announced it would follow through with threats to swipe steep excises on the European Union on Friday. The move celebrated the latest effort to penalize the federation in a long-running dispute over aircraft subsidies. Tariff will rise from 10% to 15% on aircraft imported from the EU, like Airbus, and will go into effect on March 18. Visit Business Insider’s homepage for more storeys.

The Trump administration announced it would follow through with threats to slap infuse excises on the European Union on Friday, the latest effort to penalize the alliance in a long-running dispute over aircraft subsidies.

Tariffs will rise from 10% to 15% on aircraft imported from the EU, like Airbus, and will go into effect on March 18. The US has long grumbled the EU applied Boeing at a hardship through its financial assistance to Airbus. See the rest of the story at Business Insider

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