In response to a WTO determination that the U.S. may impose up to $7.5 billion annually in countermeasures against the EU due to illegal subsidies the EU has provided to its aircraft manufacturer Airbus, the United States has announced that effective October 18, 2019, it will impose additional tariffs of 25% on more than 150 goods from the EU as well as an additional 10% on new aircraft from France, Germany, Spain and the UK.
Products that will be subject to the additional 25% tariff include alcohol, apparel, tools, books, machinery, and food products.
For a list of products that will be subject to additional duties, click here.
A final list of tariff provisions and tariff rates is expected later this month.
For more information: click here.
Update (12/16/2019)
USTR Considering Increasing Tariffs on EU Goods up to 100%
The Office of the United States Trade Representative (USTR) is reviewing the October 18, 2019 determination of additional tariffs of 25% on more than 150 goods from the EU. USTR is considering imposing additional duties of up to 100% on products from the EU.
USTR is requesting comments with respect to the following:
Whether products from the EU currently subject to additional tariffs should be removed from or remain on the list
Whether the rate of additional duties on products current subject to additional taxes should be increased to 100%
Whether tariffs of up to 100% should be imposed on goods previously considered but ultimately rejected for such tariffs
Comments on the possible changes are due by January 13, 2020.
For more information:
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