US Imposes New Tariffs On French, German Products – In Business

US trade officials have managed to grab the attention of everyone as they announced that they would be raising tariffs on specific European Union Products. The list also includes aircraft-related parts and wins from France and Germany. The timing of these decisions also seems to be coming under question because there is an ongoing civil aircraft dispute between Washington and Brussels. While they clarified about the tariffs, the USTR did not mention when they would be effective but added that details would be coming soon. Due to that, top officials and economists are keeping a firm eye on the same.

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