The Office of the U.S. Trade Representative (USTR) has announced in a forthcoming Federal Register notice that the United States will increase the tariffs imposed on aircraft imported from the European Union (EU) from 10% to 15% on March 18, 2020. These tariffs resulted from an October 2019 ruling by a World Trade Organization (WTO)
European Union
New CBP Statistics Show $52.9 Billion in Collections from Tariff Actions
According to recently released U.S. Customs and Border Protection (CBP) data, the agency has assessed, as a result of tariffs implemented through U.S. government actions under Section 232 of the Trade Expansion Act of 1962 and Sections 201 and 301 of the Trade Act of 1974, approximately $52.9 billion in import duties as of January…
USTR Considering Additional Tariffs on EU in Ongoing WTO Large Civil Aircraft Subsidy Dispute
The Office of the U.S. Trade Representative (USTR) has prepared a Federal Register notice seeking public comment on potential enforcement of U.S. retaliatory rights in the long-running World Trade Organization (WTO) dispute between the United States and the European Union (EU) over EU subsidies for large civil aircraft manufacturers. This action stems from an October…
United States Weighing Additional Tariffs in Ongoing WTO Dispute Over EU Airbus Subsidies
In the continuing, long-running trade dispute between the United States and the European Union (EU) over aircraft subsidies, the World Trade Organization (WTO) on December 2, 2019, again ruled that the EU, despite earlier decisions instructing the EU to remove or alter its aircraft subsidies, has continued to provide support for the Airbus A350 and…
WTO Arbitrator Ruling on Airbus-Boeing Dispute Allows United States to Impose Tariffs on EU Products
A World Trade Organization (WTO) arbitrator has ruled that the United States may take countermeasures/implement retaliatory tariffs against the European Union (EU) concerning “adverse effects” arising from EU subsidies provided to Airbus. The arbitrator determined that the United States may request authorization from the WTO’s Dispute Settlement Body (DSB) to take countermeasures at a level…