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The United States said on Monday it would consider a possible increase in tariffs on EU products and introduce tariffs on more products. citing a lack of progress in resolving a dispute over support for the aircraft industry.
US threatens EU with new tariffs in Airbus-Boeing battle
The US Trade Representative’s office said:
The World Trade Organization (WTO) decision on Monday confirmed the US position that EU support for Airbus continues to hurt the US aircraft industry.
United States is considering increasing tariffs on EU products
The Office of the Trade Representative said in the statement.
In light of today’s report
- The lack of progress towards resolving this dispute.
- The United States is launching a process to consider
- Increasing tariff rates and
- Subjecting additional EU products to customs duties.
The U.S. widens trade war with tariffs on European
The World Organization for Europe announced earlier that:
- The European support for Airbus is illegal.
- Then allowed the United States to respond to fees on European imports.
- In order to be able to compensate losses estimated at 7.5 billion dollars.
U.S. may increase tariffs after WTO rejects EU claims over Airbus
The World Organization for Europe has also ruled in a parallel case against Boeing, the US aircraft maker, but Brussels has not yet been given the right to apply its tariffs. The EU repeatedly expressed its desire to avoid tariffs.
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