February 25, 2021

The US raises new tariffs to the EU for aid to the aeronautical sector

The United States plans to impose new tariffs on 89 European products, with a commercial value of 4,000 million dollars (3,540 million euros), for the damage that, in their opinion, has caused the European aids to the aeronautical sector.

The Office of the US Trade Representative has explained that, in the context of the dispute with the European Union (EU) over aids to the aeronautical sector, it is considering imposing tariffs on an additional list of products, including cheeses, chemicals and metals, according to the statement of that entity.

These products would join the initial list published on April 12, which includes goods with a commercial value of about 21,000 million dollars (18,600 million euros).

The United States began the process to impose tariffs on the EU in April pending the resolution of the case in the World Trade Organization (WTO).

The US Administration considers that Airbus has received unjustified governmental aid.

In the same way, the EU has proposed tariffs against the US for its aid to Boeing.

(tagsToTranslate) USA (t) raises (t) tariffs (t) UE (t) aeronautico

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