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US increasing tariffs on Airbus planes to 15 pc

AFP  |  Washington 

The United States is increasing tariffs on Airbus planes imported from Europe to 15 per cent beginning March 18, authorities announced.

The duties have been at 10 per cent since October, when Washington hit USD 7.5 billion in European products with tariffs.

The announcement from the office of the United States Trade Representative came just days after President Donald Trump said it was time to talk "very seriously" about a trade deal with the European Union.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, February 15 2020. 06:58 IST