U.S.A TO HOLD OFF HIKE IN TARIFFS WORTH $7.5 BILLION ON EUROPEAN AND UK GOODS

Highlights –

• U.S.A to hold off the hike in tariffs worth $7.5 billion on European and UK goods.
• The U.S had threatened the latter with a hike in tariffs over subsidies for Airbus.
• Last year the U.S had raised border taxes on more than 100 items.
• According to law, the U.S is required to review its tariffs periodically.

Last year, the U.S had raised its ....