US to impose 25 per cent tariffs on wide range of EU imports

Donald Trump’s administration is moving to impose 25 per cent tariffs on a wide range of imports from the EU later this month, including cheese, olives, business suits and sweaters, after prevailing in a WTO case over illegal aircraft subsidies.

New aeroplanes from the EU will be subject to a 10 per cent levy, while other agricultural and industrial products will face 25 per cent tariffs.

The latter category includes whiskies, pullovers and bed linens from the UK; coffee, knives and machinery from Germany; French wine and olives and Spanish olive oil. 

After the ruling, senior officials from the US trade representative’s office said the administration would move quickly so that levies would be in place on EU goods by October 18.

Via FT