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US to impose tariffs on EU aircraft and agricultural products
Published an hour ago Updated 6 min ago
The U.S. plans to impose tariffs on European Union goods including aircraft and agricultural products.
The Office of the U.S. Trade Representative plans to release a list of goods as early as Wednesday night, and the duties are set to take effect Oct. 18.
Airlines decried the move, which came on a day that markets fell amid concerns about a slowing global economy partly driven by the Trump administrations trade conflicts.
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The USTR plans to release a product list as early as Wednesday night, intensifying the Trump administrations global trade battles. The duties would take effect Oct. 18. The U.S. is expected to add a 10% tariff on EU aircraft and a 25% duty on agricultural and other products, according to the officials.
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https://www.cnbc.com/2019/10/02/us-to-impose-tariffs-on-eu-products-after-wto-victory.html
spanone
(135,846 posts)struggle4progress
(118,295 posts)Kid Berwyn
(14,913 posts)Ask Benedict Donald.
hedda_foil
(16,375 posts)roamer65
(36,745 posts)Folks, get your finances in order. We are going to have a major recession or depression.