U.S. to impose $7.5 billion tariffs on EU goods

Toronto, October4, 2019

The Office of the

U.S. Trade Representative

(USTR) has issued their

final list

of European Union (EU) origin goods to be subject to additional tariffs effective October18,2019.

The tariffs are in response to a 15-year battle over aviation subsidies in a World Trade Organization (WTO) dispute against the EU which was awarded to the U.S. this week. The EU is not allowed to retaliate against WTO-authorized countermeasures, however, a similar case filed by the EU against the U.S. is expected to receive a decision in the coming months.

The

tariffs being imposed

will be 10% on large civil aircraft and 25% on agricultural and other products. The bulk of the tariffs are being applied to goods of France, Germany, Spain and the United Kingdom. The U.S. has the authority to increase the tariffs or products affected at anytime.

For more information, please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905) 882-4880, ext. 213.