USTR to Consider Potential Additional Airbus Tariffs
The Office of the U.S. Trade Representative may raise tariff rates on the products already targeted in the Airbus dispute, or may add other European Union products to the list, it said Dec. 2. “In light of today’s report and…
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the lack of progress in efforts to resolve this dispute, the United States is initiating a process to assess increasing the tariff rates and subjecting additional EU products to the tariffs,” it said. “USTR will publish a Federal Register Notice regarding that process later this week.” The U.S. was authorized by the World Trade Organization to levy 100 percent tariffs on $7.5 billion in European imports, but instead chose to impose 10 percent tariffs on large civil aircraft and 25 percent tariffs on 150 tariff lines, primarily food products, but also some British apparel, German and British hand tools, lenses, books and self-propelled heavy equipment (see 1910020044). The tariffs are designed to convince European Union countries to end subsidies to Airbus aircraft launches and to remedy the damage done to Boeing. Europe has said it wants a negotiated solution to both Airbus and Boeing subsidies, but the two sides do not appear to be seriously engaging on that yet.