U.S. WIDENS TRADE WAR WITH TARIFFS ON EUROPEAN PLANES, CHEESE, WHISKY –

The U.S. 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. The announcement came after the World Trade Organization gave Washington a green light to impose tariffs on $7.5 billion worth of EU goods annually in the long-running case. (Reuters)