US imposes tariffs on record $7.5 billion worth of EU goods despite threats of retaliation
US and EU flags are pictured in front of the European Commission headquarters in Brussels, Belgium. February 20, 2017.
In the line of fire are civilian aircraft from Britain, France, Germany, and Spain –– the countries that formed Airbus –– which will now cost 10 percent more when imported to the US. At a time when the global economy is slowing, "I think that our responsibility is to do our best to avoid that kind of conflict", Le Maire said.
As recently as Wednesday, Trump singled out the Europeans for being unfair with the US on trade but said his door was open to negotiate a settlement.The Europeans fear above all that Trump will impose heavy duties on imports of European cars around mid-November.
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