White House says levies are response to Airbus subsidies it claims harm US interests
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.
Continue reading...from The Guardian http://bit.ly/2WVzrhp