The price of Scotch, French wine, cheese and other European exports is about to go up in the US after the Trump administration announced new tariffs on billions of dollars of EU products starting Oct. 18.
President Donald Trump got the go-ahead from the World Trade Organization on Wednesday to impose tariffs on as much as USD 7.5 billion worth of European exports annually in retaliation for illegal government aid to Airbus. The award is the largest in WTO history.
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