USTR to Increase Tariffs on EU Aircraft, Shift Other Tariffs
The Office of the U.S. Trade Representative will increase tariffs to 15% on aircraft from the European Union and made some other changes to 25% tariffs as part of the Airbus dispute, the agency said in a news release. A USTR notice outlined the tariff changes. The aircraft tariffs will increase on March 18, while other changes take effect on March 5. Prune juice will be removed from the list, and butcher's knives from England and Germany will be added, but the other products on the list will stay the same.
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The agency said it also "determined that going forward, the action may be revised as appropriate immediately upon any EU imposition of additional duties on U.S. products in connection with the Large Civil Aircraft dispute or with the EU’s WTO challenge to the alleged subsidization of U.S. large civil aircraft."