U.S. to boost tariffs on Airbus planes Wednesday, adding pressure on airlines
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WASHINGTON (Reuters) - The United States is expected to proceed with a 50% increase in U.S. tariffs on Airbus planes on Wednesday, U.S. and European officials say, further hampering U.S. airlines seeking government aid, with travel sharply reduced due to the coronavirus pandemic.Tariffs on Airbus aircraft built in Europe are to increase to 15% from 10% at 12:01 a.m. Wednesday, as Washington pressures the EU to comply with a World Trade Organization ruling on illegal aircraft subsidies.The WTO..