The United States is threatening to impose $11 billion in tariffs against the European Union after the World Trade Organization ruled that the EU’s Airbus subsidies are not fair.
The specific duties, by product, will be announced this summer. A preliminary list of goods, covering a wide range of items from seafood to jets, has been issued for public consultation, including:
- Salmon fillets, fresh or chilled
- Cheese, including Cheddar, Roquefort, Stilton, Gruyere and Pecorino
- Lemons fresh or dried
- Virgin olive oil
- Marsala wine
- Cashmere sweaters, pullovers and similar
- Ceramic household steins with pewter lids
- Motorcycles with an engine size of between 500cc and 700cc
- Wall clocks, not electrically operated, designed to operate over 47 hours without rewinding
Duties may also be placed on goods if they are produced in France, Germany, Spain or the UK, including:
- Helicopters
- Undercarriages for use in new civil aircraft
- Fuselages for use in new civil airplanes
For more information, contact Brian Rowe, Director – Customs Compliance & Regulatory Affairs.