Economics

Europe Sees an Olive Branch in Latest U.S. Tariff Move on Airbus

  • USTR removes some Greek, U.K. goods off its tariff lists
  • A 25% duty is added to French and German jams and knives
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The U.S. left largely intact its list of European products worth $7.5 billion targeted with tariffs because of illegal Airbus SE subsidies, opting not to follow through on a threat to substantially increase the economic pain on its transatlantic trade partners.