The Trump administration targets Airbus with new European Union tariffs

Carlos Barria/Reuters The Trump administration announced it would follow through with threats to slap steep tariffs on the European Union on Friday. The move marked the latest effort to penalize the bloc in a long-running dispute over aircraft subsidies. Tariffs will rise from 10% to 15% on aircraft imported from the EU, like Airbus, and will go into effect on March 18. Visit Business Insider's homepage for more stories. The Trump administration announced it would follow through with threats to ...