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US slaps tariffs on French and German wines, aircraft parts amid EU dispute

US slaps tariffs on French and German wines, aircraft parts amid EU dispute

US trade officials on Wednesday said they would be raising tariffs on certain European Union products, including aircraft-related parts, non-sparkling vino, cognacs, and other brandies from France and Germany. The new tariffs are the latest action in the 16-year US-EU dispute over civil aviation subsidies involving European aircraft company Airbus and its US-based rival Boeing.

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