display

Washington (dpa) - In the dispute over illegal subsidies for the aviation industry between the US and the EU, Washington has announced additional punitive tariffs on products from Germany and France.

Aircraft components from both countries, certain wines as well as certain cognacs and other alcoholic beverages are affected, the US trade representative announced on Wednesday (local time).

In November, the European Union announced additional taxes on certain US products.

This was preceded by a decision by the arbitrators of the World Trade Organization, according to which the EU is allowed to impose punitive tariffs on US imports amounting to almost four billion dollars (3.4 billion euros) per year because of unauthorized subsidies for the aircraft manufacturer Boeing.

display

The US government accused Brussels of taking unfair decisions when imposing the tariffs, which is why its own measures would have to be adjusted.

For example, the EU based its decision on punitive tariffs on the trade volume of the 27 EU states excluding Great Britain, which resulted in higher retaliatory measures against the USA.

“The EU must take action to redress this injustice,” said the Trade Representative.

The EU hopes that Donald Trump's successor in the White House, Democrat Joe Biden, will agree to talks about a settlement of the subsidy dispute that has been going on for years.

© dpa-infocom, dpa: 201231-99-859117 / 2