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US-EU trade dispute: US slaps tariffs on wine and cognac
The US will impose new import taxes on some French and German goods as part of a long-running trade dispute. On Wednesday it announced tariffs on aircraft manufacturing parts along with certain non-sparkling wine, cognac and other grape brandies. These will be added to the list of products taxed since 2019, the US Trade Representative said in a statement. The EU and US have fallen out over subsidies for aircraft manufacturers Airbus and Boeing. The tariffs are a result of a 16-year feud over state support provided to US-based plane-maker Boeing and European rival Airbus.The latest retaliation sees new tariffs imposed ... (full story)
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