On Oct. 2, the US won a case at WTO on the Airbus subsidies dispute. The USTR immediately announced that the US would tax European goods (10% on planes imports, 25% on other EU goods) by Oct. 18. How much trade will be taxed and what are the consequences? (1/N) #BdFeco Based on the product list published by the USTR (bit.ly/2B7XYXt) about $11.7 bn of US imports from EU will be subject to new import tariffs. France and Germany, who directly export planes to USA, are more (directly) impacted. UK & Spain as well via taxes on other goods.