China News Service, December 31. According to a Reuters report, on December 30 local time, US trade officials stated that in view of the continuing aviation subsidy dispute between Washington and Brussels, the US is increasing tariffs on certain products from the EU. Including French and German aircraft related parts and wine.
The US has not yet stated when the additional tariffs will take effect.
According to reports, the Office of the United States Trade Representative said in a statement that it is imposing additional tariffs on French and German aircraft parts and certain non-sparkling wines, as well as cognac and other brandies.
At present, the Office of the United States Trade Representative has not stated when the additional tariffs will take effect, but pointed out that more details will be announced "coming soon."
The US-Europe aviation subsidy dispute began in 2004.
The World Trade Organization has successively ruled that both the United States and the European Union have provided illegal subsidies to their respective aviation companies.
In October 2019, the World Trade Organization authorized the United States to impose additional tariffs and other retaliatory measures against approximately US$7.5 billion of EU goods and services exported to the United States each year.
In October 2020, the WTO officially authorized the EU to impose tariffs on goods and services from the United States not exceeding US$3.99 billion per year.