The Trump administration targets Airbus with new European Union tariffs - Business Insider

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The Trump administration raises tariffs on European imports

The Trump administration announced it would follow through with threats to slap steep tariffs on the European Union on Friday.

Tariffs will rise from 10% to 15% on aircraft imported from the EU, like Airbus, and will go into effect on March 18. The US has long complained the EU put Boeing at a disadvantage through its financial assistance to Airbus. Some had worried that the US would levy tariffs of up to 100%, as it threatened to do at the end of last year. Lawmakers and businesses sharply criticized the tariffs of up to 100%, warning they would raise prices for American businesses and consumers. Harmon Skurnik, the president of Skurnik Wines and Spirits in New York, estimated in aThursday that the 100% tariff would raise the price of a $50 bottle of Burgundy, Rioja or Barolo to over $100.

 

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the moron's a geenyus!

U.S. goods and services trade with Turkey totaled an estimated $24.0 billion in 2017 (latest data available). Exports were $12.7 billion; imports were $11.2 billion. The U.S. goods and services trade surplus with Turkey was $1.5 billion in 2017.

United Kingdom was the United States' 5th largest goods export market in 2018.

U.S. goods and services trade with United Kingdom totaled an estimated $261.9 billion in 2018. Exports were $140.4 billion; imports were $121.5 billion. The U.S. goods and services trade surplus with United Kingdom was $18.9 billion in 2018.

This man can’t be President as he is a money hunter!

Oh good keep the track record of idiotic policy free flowing. We now pay more, not them. And I like French stuff especially wine, cheese & at the top level the Royale w/ Cheese...

Trumpolini, Mussolini's cousin, strikes again with tariffs. Tariffs were Mussolini's favorite wall of defense.

winning

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