CARM: What all importers need to know about CARM

Universal Logistics - Take The Right Route Logo with 70 Years Badge

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.

More Trade Alerts:

June 2024

June 17, 2024
The BC Maritime Employers Association (BCMEA) has been advised that the International Longshore and Warehouse Union Ship and Dock Foremen Local 514 (ILWU local 514)…

June 2024

June 10, 2024
The PSAC (Public Service Alliance of Canada) have advised that CBSA strike action has been postponed until Wednesday, June 12th, while mediation continues. As per…

Switch to a Logistics
Partner Who Cares

Click the button below to find out why we’ve been Canada’s most trusted freight forwarder and customs broker for over 75 years.

Professional business people team meeting and working in corporate office concept

Register now to learn more about our

101 Logistics Quick Tips

Available exclusively from Universal Logistics