ECONOMY

US imposes record $7.5 billion tariffs on EU

The tariffs took effect at 0001 in Washington (0401 GMT). (Shutterstock)

The United States slapped tariffs on a record $7.5-billion worth of European goods Friday, with Airbus, French wine, and Scottish whiskeys among the high-profile targets.

The tariffs, which took effect at 0001 in Washington (0401 GMT), were imposed despite pleas from European officials for a last-minute reprieve and French Economy Minister Bruno Le Maire's warning of retaliation.

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Last Update: Friday, 18 October 2019 KSA 07:16 - GMT 04:16
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