According to a report by the Foreign Trade Institute in New York (ICE), France and the UK will be the hardest hit member states by US retaliatory tariffs.

According to the ICE report, the brunt of the tariffs would be borne by France (27.7%), the UK (25.9%), followed by Germany (19.8%), Spain (11.2%), Italy (6.4%) and Ireland (6.4%). The report used 2018 figures, projecting them to 2019.

The value of imports affected would be "much lower" than the four countries in the Airbus consortium, F...

This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now