NEW YORK: The US stepped up pressure on Germany and France with extra tariffs on some of their goods, a move designed to squeeze the European Union into settling a long-running dispute over illegal subsides to Airbus SE.
In a statement in Washington, the US Trade Representative’s (USTR) office said it’s removing from the tariff list certain products from Greece and the UK, and adding an equivalent amount of trade from France and Germany. The change is effective Sept 1 and will apply to French and German jams as well as butchers’ and mincing knives, which will be subject to a 25% duty.
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