US refuses to cut European tariffs in Airbus subsidy row - business live

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Rolling coverage of the latest economic and financial news, as America leaves tariffs on a range of European goods in a long-running row over aircraft subsidies

Although America hasn’t cut the tariffs on European goods, it has adjusted the goods affected. And that means French and German jam makers face new levies when selling to the US, while tariffs on Greek cheese and UK sweet biscuits are lifted.

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