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US tariffs on EU food: No tomato products in the list
Europe's food and drink sector 'deeply regrets' the US decision to slap 25% tariffs on EU agri-food products including Italian cheese, Spanish olives, German coffee, British biscuits and Scotch whisky.
President Donald Trump's administration plans to impose retaliatory tariffs on USD 7.5 billion (Euros 6.8 billion) of goods it imports from the EU on 18 October, in response the WTO Airbus subsidy case, which has been rumbling for 15 years.
President Donald Trump's administration plans to impose retaliatory tariffs on USD 7.5 billion (Euros 6.8 billion) of goods it imports from the EU on 18 October, in response the WTO Airbus subsidy case, which has been rumbling for 15 years.
According to the Office of the US Trade Representative, “The United States has won the largest arbitration award in World Trade Organization (WTO) history in its dispute with the European Union over illegal subsidies to Airbus. Today’s decision demonstrates that massive EU corporate welfare has cost American aerospace companies hundreds of billions of dollars in lost revenue over the nearly 15 years of litigation.”
“For years, Europe has been providing massive subsidies to Airbus that have seriously injured the U.S. aerospace industry and our workers. Finally, after 15 years of litigation, the WTO has confirmed that the United States is entitled to impose countermeasures in response to the EU’s illegal subsidies,” U.S. Trade Representative Robert Lighthizer said. “Accordingly, the United States will begin applying WTO-approved tariffs on certain EU goods beginning October 18. We expect to enter into negotiations with the European Union aimed at resolving this issue in a way that will benefit American workers.”
The tariffs include 25% duties on various products originating from “France, Germany, Spain, and the United Kingdom – the four countries responsible for the illegal subsidies”, as well as from Ireland, Italy and Scotland.
Current final list does not include any tomato products.
Brussels has threatened to retaliate similarly against US goods.
Some complementary data:
Official Statement by the Office of US Trade Representative
Final Product List
Source: foodnavigator.com, ustr.gov
