The tariffs could come into effect this summer, raising costs of aircraft and helicopter parts, and goods like cheese, pasta, olives, and whiskey.
Europe is preparing itself for the WTO to give America the go-ahead and hit the EU with $5 billion to $7 billion in tariffs, Bloomberg reported. In addition to aircraft parts tariffs could be placed on cheese, olives and pasta coming into the US as well as some types of whiskey. Visit Markets Insider for more stories. The European Union is expecting the Trump administration to receive the go-ahead to slap the bloc with up to $7 billion in tariffs on EU goods.
Europe is preparing itself for the WTO to give America the go-ahead and hit the EU with $5 billion to $7 billion in tariffs, Bloomberg reported. In addition to aircraft parts tariffs could be placed on cheese, olives and pasta coming into the US as well as some types of whiskey. Visit Markets Insider for more stories. The European Union is expecting the Trump administration to receive the go-ahead to slap the bloc with up to $7 billion in tariffs on EU goods.
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