Thursday, July 18, 2024

Airbus: Trade at risk as subsidy battle rages on

The chief executive officer of Airbus has warned that trade is at risk, as the US plans tariffs as part of the aircraft manufacturer subsidiary battle. On 2 October, the World Trade Organization (WTO) gave the USA the go-ahead to impose tariffs of £6.1 billion on imports from the European Union. The tariffs will affect […]

Washington hikes tariffs on China trade to 25% on Friday

In the dry language of an official US government document, “effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time (EDT) on May 10, 2019, and exported to the United States on or after May 10, 2019” a 25% tariff on $200 billion worth […]