Teller Report

Now you can see non-English news...

US up to 100% tariff on EU policy

2019-12-07T05:58:49.415Z

The US government adds up to 100% tariffs on imported goods from the EU = European Union, which are in conflict over subsidies for aircraft manufacturers.



US policy on adding up to 100% of tariffs on the EU 14:49

The US government has announced a policy of adding up to 100% tariffs on imported goods from the EU = European Union, which are in conflict over subsidies for aircraft manufacturers. The aim is to revise the subsidies by showing a stronger attitude, but the conflict between the two is likely to deepen.

The United States and the EU continue to fight through the WTO = World Trade Organization for the subsidies for the aircraft manufacturers "Boeing" and "Airbus" are unfair.

In the midst of this, the US Trade Representative announced on the 6th that it would activate additional tariff measures on imported goods, saying that there was no improvement in EU subsidy handling.

The target items are aircraft parts, clothing, and fruits, and it is planned to consider adding up to 100% customs duty. The launch date is not disclosed, but it will be judged after gathering opinions from the domestic industry by the middle of next month.

The Trade Representative Department has already added a maximum of 25% tariffs on wines and cheeses from EU countries, and is aiming to revise the subsidies by showing a stronger attitude. President Trump is also requesting EU countries to review a large amount of automobile exports and digital taxation on IT companies, and the conflict between the two is likely to deepen.

Source: nhk

You may like

News/Politics 2019-12-07T05:58:49.415Z
News/Politics 2020-01-16T12:25:15.837Z

Trends 24h

News/Politics 2020-01-24T02:19:03.236Z
News/Politics 2020-01-24T09:55:20.266Z

Latest

news 2020/01/24    

© Communities 2019 - Privacy