LONDON (Reuters) – U.S. tariffs on European goods have plunged Britain into a trade war between the European Union and United States just as it plans to leave the 28-nation bloc, infuriating Scotch whisky makers and handing it a dilemma over thousands of Airbus (AIR.PA) jobs. FILE PHOTO: Airbus A330-743L Beluga XL super-transporter aircraft arrives for the first time at the company’s wing assembly plant at Broughton, near Chester, Britain, February 14, 2019. REUTERS/Peter Powell/File Photo The United States has pledged tariffs on goods worth $7.5 billion a year in a dispute over Airbus subsidies from Oct. 18, days before Britain’s planned end-October exit. And the EU is due to hit back in a parallel case concluding next spring. Britain – which builds wings for Airbus jets and has been found to subsidize the jetmaker alongside France, Germany and Spain – said it was seeking confirmation from the WTO that it had obeyed its rulings and should not be subject to tariffs. Barring a settlement or an end to seven years of argument over whether Europe has complied with earlier WTO findings – neither of which looks imminent, according to trade sources – tariffs could start to bite as Britain… Read full this story
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