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Trump implements $7.5B worth of tariffs on goods from EU over Airbus subsidies

The U.S. plans to impose tariffs on $7.5 billion worth of airplanes, food, liquor, and other goods from Europe. President Trump is calling this a “nice victory” against the EU on Twitter. Yahoo Finance’s Alexis Christoforous, Brian Sozzi, Jessica Smith, and Jared Blikre discuss.