[Washington 17th Reuters]-US Trade Representative (USTR) announced on the 17th that it will launch additional tariffs on certain products imported from the European Union (EU) on 18th.
The World Trade Organization (WTO) dispute resolution agency officially approved the retaliatory device on the 14th for subsidizing the subsidy provided by the EU to a major aircraft company, Airbus <AIR.PA>.
The US has a policy of adding a 10% tariff on Airbus aircraft and a 25% tariff on EU products worth $ 7.5 billion such as wine, whiskey and cheese.