US to put tariffs on European whiskies, cheese

The US will impose tariffs worth €6.8bn annually on European imports of whiskies, French wine, Italian cheese, and planes and plane parts in retaliation for illegal EU subsidies to airplane maker Airbus.

The new tariffs will come into force as early as 18 October, after the World Trade Organisation (WTO) ruled on Wednesday (2 October) in a 15-year-long case that the US could retaliate for the EU subsidies.

The US plans to impose a 10 percent tariff on large civil aircraft from F...