US launches retaliation duty of 800 billion yen to the EU WTO admits October 3, 4:45

In a trade dispute over the aircraft between the United States and the EU = European Union, the WTO = World Trade Organization approved the United States to impose 800 billion yen of retaliation on the EU on the 2nd. Whether to accept countermeasures by the EU is also being considered, and there is a risk of retaliation.

The United States sued the WTO that EU subsidies for the European aircraft manufacturer Airbus are preventing fair competition with its own Boeing, and in May last year, a final decision was made that the EU would not support the continued financial support. It was.

If the WTO rules did not correct it, the accused party was allowed to take countermeasures, and the United States asked the WTO to grant retaliation.

On this day, the WTO announced a decision on the US to allow countermeasures of up to $ 7.5 billion per year and ¥ 800 billion in Japanese yen.

The United States is considering raising tariffs on aviation-related parts and wine imported from the EU, as well as luxury brand fashion products.

However, since the WTO has shown the final decision that the subsidy for Boeing in the United States is also unfair, the EU is preparing to retaliate the United States, and there is a possibility that it will be a reward for retaliation. The

Between the US and the EU, the US side continues to consider measures to add high tariffs on cars and parts imported from Europe and other countries, and there is a fierce conflict over trade.

EU “If the US implements it, we must do the same”

Malmstrom, who is in charge of trade policy in the EU, said, “It is short-circuit and unproductive for the US to take retaliatory tariffs because the WTO has approved the counter-measures. If the United States implements retaliation tariffs, the EU will have to do the same, and the retaliation will hurt both economic activities and civilian life, "We're damaging" and asked the US to respond carefully.