PARIS, Oct 3: The French government says the European Union will respond with “retaliatory measures” to the U.S. decision to impose tariffs on a range of the bloc’s exports, from cheese to wine.
Spokeswoman Sibeth Ndiaye told news broadcaster BFM TV on Thursday: “We’ve tried to lessen this commercial tension, but if they are not in the mood for conciliation, obviously Europe will fight back.”
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Olives, yogurt, fruit and large aircraft are among the European imports the U.S. plans to hit with tariffs after receiving the go-ahead Wednesday from the World Trade Organization in a case involving illegal EU subsidies for the aircraft giant Airbus.
The targeted imports are worth $7.5 billion. The tariffs, to take effect Oct. 18, will be 10% for EU aircraft and 25% for everything else.
