US increasing tariffs on Airbus planes to 15pc from 10pc | Malay Mail

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US increasing tariffs on Airbus planes to 15pc from 10pc | Malay Mail
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WASHINGTON, Feb 15 — The United States is increasing tariffs on Airbus planes imported from Europe to 15 per cent beginning March 18, authorities announced Friday. The duties have been at 10 per cent since October, when Washington hit US$7.5 billion (RM31 billion) in European products with...

The duties have been at 10 per cent since October, when Washington hit US$7.5 billion in European products with tariffs. — AFP pic

The announcement from the office of the United States Trade Representative came just days after President Donald Trump said it was time to talk “very seriously” about a trade deal with the European Union. Industry executives in Europe and the United States are on tenterhooks awaiting each new announcement from trade authorities.

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