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US imposes record $7.5 billion tariffs on EU goods, targeting wine and Airbus

The United States imposed tariffs on a record $7.5 billion worth of European Union goods on Friday, despite threats of retaliation, with Airbus, French wine and Scottish whiskies among the high-profile targets.

The tariffs, which took effect just after midnight in Washington (0401 GMT), came after talks between European officials and US trade representatives failed to win a last-minute reprieve.

The WTO-endorsed onslaught from US President Donald Trump also comes as Washington is mired in a trade war with China and could risk destabilising the global economy further.

In the line of fire are civilian aircraft from Britain, France, Germany and Spain - the countries that formed Airbus - which will now cost 10 percent more when imported to the US.

AFP
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