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Americans to pay more for EU goods after US imposes tariffs

Americans will soon pay more for Scotch and Irish whiskies, Parmesan cheese and French wine after the Trump administration said it would impose tariffs on $7.5 billion worth of European goods.
 
The United States had also threatened to target pasta and leather handbags in a long-running dispute with the European Union over aircraft subsidies. 
 
The move could trigger a damaging escalation in transatlantic trade tensions at a time when economies have been hurt by the fallout from the US-China trade war.
 
The World Trade Organization (WTO) ruled on Wednesday that the United States could target goods from EU nations because the bloc had failed to comply with an earlier ruling regarding government subsidies for Airbus.


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