EU imposes retaliatory tariffs on US imports

Photo: European Commission The European Commission has imposed additional tariffs on a list of US products following the WTO ruling against US subsidies for Boeing. The move, announced on November […]
Tue 17/11/2020
Photo: European Commission

The European Commission has imposed additional tariffs on a list of US products following the WTO ruling against US subsidies for Boeing. The move, announced on November 9th, includes an additional levy on imports from the US of citrus, dates and walnuts.

Commissioner for Trade, Valdis Dombrovskis, said: “We have made clear all along that we want to settle this long-running issue. Regrettably, due to lack of progress with the US, we had no other choice but to impose these countermeasures. The EU is consequently exercising its legal rights under the WTO’s recent decision. We call on the US to agree to both sides dropping existing countermeasures with immediate effect, so we can quickly put this behind us. Removing these tariffs is a win-win for both sides, especially with the pandemic wreaking havoc on our economies. We now have an opportunity to reboot our transatlantic cooperation and work together towards our shared goals.”

The new tariffs came into effect on November 10th.