TIWN
Washington, Dec 3 (TIWN) US Trade Representative Robert Lighthizer said that he has proposed additional tariffs of up to 100 per cent on some $2.4 billion worth of French products, including champagne, cheese and handbags, over the European nation's digital services tax.
The plan came at the end of a day marked by escalations in trade tensions between the US and key allies, starting with an announcement that Washington would restore tariffs on metals from Argentina and Brazil to punish them for their currency policies.
In addition, the US trade representative’s office said it was looking at broadening a range of punitive tariffs on EU products, including goods from the UK, France, Spain and Germany, because of subsidies to Airbus, the aircraft maker, that have been judged as illegal by the World Trade Organization.
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