Trump warns of high tariffs on European goods

U.S. President Donald Trump has said that the United States would impose tariffs on $11 billion worth of products from the European Union.

“The World Trade Organization finds that the European Union subsidies to Airbus have adversely impacted the United States, which will now put tariffs on $11 billion of EU products! The EU has taken advantage of the U.S. on trade for many years. It will soon stop!” Trump said in a post on Twitter.

Meanwhile, the EU has started preparing to retaliate over Boeing subsidies, an EU official said.
Based on estimates from the Central Intelligence Agency’s World Factbook, Poland’s exported goods and services account for 54 percent of GDP. The US is one of Poland’s top eight trading partners in terms of exports sales, which reach $7.3 billion a year. Surplus of our country reaches $1.9 billion.

(PAP)