Washington, Feb 15 (AFP) The United States is increasing tariffs on Airbus planes imported from Europe to 15 per cent beginning March 18, authorities announced.

The duties have been at 10 per cent since October, when Washington hit USD 7.5 billion in European products with tariffs.

The announcement from the office of the United States Trade Representative came just days after President Donald Trump said it was time to talk "very seriously" about a trade deal with the European Union. (AFP)

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)