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EU threatens to retaliate against new U.S. tariffs

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Christian Fernsby ▼ | October 3, 2019
The European Union on Wednesday threatened to retaliate in kind against an upcoming batch of new American tariffs covering $7.5 billion in EU exports.
Daniel Rosario
Europe   Spokesman Daniel Rosario
The Trump administration received World Trade Organization approval for the proposed tariffs which cover European aircraft manufacturer Airbus as well as EU agricultural exports including wine, cheese, olives, and Irish and Scotch whiskies on Wednesday.

Topics: U.S. tariffs

“If the U.S. imposes countermeasures it will be pushing the EU into a situation where we will have to do the same,” said European Commission spokesman Daniel Rosario, who added that the EU was still open to negotiating an alternative with the Trump administration before the administration’s new tariffs take effect several weeks from now.

On Wednesday, administration officials announced their intention to implement tariffs on Airbus after the WTO ruled that the company had received illegal subsidies from EU governments.