Britain’s International Trade Secretary Liz Truss talks remotely from the Foreign Office to the US Trade Representative Robert Lighthizer, in London, Britain May 5, 2020. — 10 Downing Street handout via Reuters
The US government yesterday said it would maintain 15 per cent tariffs on Airbus aircraft and 25 per cent tariffs on other European goods as part of a long-running trade dispute, although it held off adding some extra tariffs as it had threatened. “These tariffs damage industry and livelihoods on both sides of the Atlantic and are in nobody’s interests,” she said in a statement today. “I am therefore stepping up talks with the US to remove them as soon as possible.”
But Britain has still been affected by a decision from Washington to impose tariffs on an array of EU food, wine and spirits in retaliation for EU subsidies on large aircraft.
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