International Development News
Development News Edition

France and EU ready to respond with sanctions in U.S. trade dispute -French minister

France and EU ready to respond with sanctions in U.S. trade dispute -French minister
Image Credit: Twitter (@BrunoLeMaire)

France and the European Union (EU) are ready to respond "with sanctions" if the United States were to reject the hand extended by Europe in the Airbus trade dispute, said French Finance Minister Bruno Le Maire said on Thursday.

"If the American administration rejects the hand that has been held out by France and the European Union, we are preparing ourselves to react with sanctions," said Le Maire.

The United States on Wednesday said it would slap 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies, and cheese from across the continent as punishment for illegal EU aircraft subsidies.

Also Read: Hungary will remain part of the European Union, PM Orban says

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



'No escape from telephones', this 1953 prediction actually comes true

In 1953, a telephone company chief predicted that therell be no escape from telephones in the future....

With Ayodhya verdict, CJI starts clearing high profile pending cases

Ending all the speculations, the Chief Justice of India Mr. Ranjan Gogoi who is due to retire on November 17 decided to deliver the verdict in Ayodya dispute at 10.30 am on Saturday which is not a working day for the Supreme Court. This is ...

How partnerships and collaborations could enhance teacher training

Monica Malhotra Kandhari, Managing Director, MBD Group shares her views on public private partnership and collaborations in education sector. She supports her propositions with her organisations success stories....

Fixed Test centers would facelift level of WTC in India

The venues for the test matches in India should be fixed so that World Test Championship matches remain fair....


Latest News

Chinese tells U.S. and Britain to stop interfering in Hong Kong affairs

Chinas ambassador to London said on Monday foreign countries, including the United States and Britain, should stop interfering in Hong Kongs internal affairs as protesters continued to battle with Hong Kong police.Some Western countries hav...

BJP to expel rebel leader contesting bypoll as independent

Cracking down on rebellion over ticket distribution for coming bypolls, the ruling BJP in Karnataka has decided to expel rebel Sharath Bachegowda who has jumped into the fray as an independent in Hoskote. Announcing this, Chief Minister B ...

INX Media case: ED moves HC seeking rectification of inadvertent error in Chidambaram's bail order

The Enforcement Directorate on Monday approached the Delhi High Court seeking rectification of an inadvertent error in the order denying bail to former Union finance minister P Chidambaram in the INX Media money laundering case. The ED in i...

China urges US to “stop flexing muscles” in South China Sea

Bangkok, Nov 18 AP China on Monday urged the US military to stop flexing muscles in the disputed South China Sea, a point of persistent friction in a relationship both sides said was generally improving. A spokesman for the Chinese Ministry...

Give Feedback