October 3, 2019 — The United States will impose tariffs valued at USD 7.5 billion (EUR 6.8 billion) against the European Union in what it says is a response to E.U. subsidies to aerospace firm Airbus that broke World Trade Organization rules.
The WTO approved the tariffs on 2 October, and the Office of the U.S. Trade Representative has said they will come into force as early as 18 October. They include 10 percent tariffs on Airbus parts and 25 percent duties on other goods, including some food products. A majority of the products on the list are luxury food products such as cheese, olives, and wine. In the category of seafood, prepared or preserved mussels, clams, cockles, razor claims, and molluscs all will be hit with 25 percent tariffs, according to a list released by the USTR.