Trump threatens tariffs on about $11 billion in European imports—from helicopters to cheeses — in response to EU subsidies for Airbus
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- Levies would fall on helicopters, wines and some motorcycles
- Moves come just as the EU prepares trade talks with the U.S.
President Donald Trump's administration is proposing tariffs on new passenger helicopters, various cheeses and wines, ski-suits and certain motorcycles in response to harm the U.S. says is being caused by European Union subsidies to Boeing Co. rival Airbus SE.
In issuing the list, which includes many other items, the U.S. Trade Representative's office cited the World Trade Organization's finding that the aid to Airbus has "repeatedly" caused "adverse effects to the United States," the USTR said in a statement Monday evening.
The proposed tariffs come nearly 15 years after the U.S. first complained to the WTO that Airbus had widely benefited from billions of dollars in illegal subsidies...
(With the UK leaving the EU it will solve the potential issue for Bombardier exporting A220 wings from its Belfast factory to Airbus Mobile, Alabama new A220 (CSeries) assembly line... Fliegerfaust)