Trump's EU tariff threats unlikely to happen

Experts expressed concern after US President Donald Trump threatened to place tariffs on billions of dollars of imports from the European Union in retaliation for what he called unfair subsidies of Airbus planes, but they suggested the tariffs would not be imposed anytime soon. On Tuesday, Trump tweeted: "The World Trade Organization finds that the European Union subsidies to Airbus has adversely impacted the United States, which will now put Tariffs on $11 Billion of EU products!" "The EU has taken advantage of the US on trade for many years. It will soon stop!" he wrote to his nearly 60 million Twitter followers. The proposed tariffs would cover not only Airbus planes, but also cheese, wine, woolen suits and numerous other European goods. The threat comes amid a battle between Airbus and US-based Boeing, which have accused each other of benefiting from unfair government subsidies.