Scottish whisky makers, Spanish vintners and French dairy farmers were among those wringing their hands Thursday, anticipating a hit from US tariffs on their goods later this month.

The concern follows Wednesday’s ruling by the World Trade Organization in favor of the US on a longstanding dispute with the EU involving subsidies. The international trade watchdog gave President Trump the green light to slap $7.5 billion worth of tariffs on EU goods annually in retaliation for improper EU subsidies to aircraft maker Airbus.

Washington said it plans to impose 10 percent tariffs on Airbus planes, which could hurt US airline orders, and impose 25 percent duties on French wine, Scotch and Irish whiskies and cheese.

“The tariffs will affect our competitivity,” griped a spokesman for CECRV, the association for producers of Spanish wines such as Rioja and Cava.

Michel Nalet, spokesman for France’s Lactalis group, the world’s largest dairy firm, said the industry plans to fight to delay the measures.

“Dairy products are going to be directly hit,” Nalet said.

Coffee, olives, sweaters and tools were also targeted.

Chocolate was spared, as were Italian wine and olive oil. Cognac and champagne also seemed safe, sending shares of Remy Cointreau higher (up 6.4 percent) on the Paris stock market Thursday.

The case started 15 years ago and the long-awaited ruling threatens to further exacerbate trade global jitters and roil financial markets.

Especially because the EU is likely to retaliate, said French Finance Minister Bruno Le Maire.

He said Thursday that if the US follows through with tariffs, “We are preparing ourselves to react with sanctions.”

With Post Wires