Chocolates, olives and 28 other European items could be affected with $ 3.1 billion in new US tariffs. USA

The United States Trade Representative announced a list of 30 total products that could be subject to new tariffs, noting that the United States annually imports about $ 3.1 billion of these products from Europe.

The United States has already imposed tariffs of 15% to 25% on other European goods worth $ 7.5 billion as part of this dispute. New items could be affected with tariffs of up to 100%, according to the notice.

That decision opened the way for the United States to impose tariffs on European goods.

The WTO also found that Boeing (licensed in letters) he had received inadequate tax exemptions from Washington state. The state removed the tax exemptions earlier this year, but the European Union continues to threaten to impose tariffs on American products in response to the previous resolution.

Now, with the announcement of the new rates, the agency will begin to hear comments from those who will be affected. Beyond food and beverage items, most of the 30 items on the list are commercial tools like metal stamping and punching equipment.

The EU criticized the United States’ announcement, saying this upcoming round of tariffs may go beyond what the WTO allows.

“It creates uncertainty for companies and inflicts unnecessary economic damage on both sides of the Atlantic,” the EU said in its statement. “This is particularly the case, as companies are now trying to overcome the economic difficulties after the Covid-19 crisis.”

He said that the only way to resolve the dispute is through negotiations. He said he made “concrete proposals” to resolve the underlying aviation dispute.

US consumers often pay the tariffs if the exporter does not pay the cost of the tax itself. Some companies that have been affected by previous tariffs quickly opposed this last action.

The United States Council of Distilled Spirits, which said its members have already lost hundreds of millions in sales from other previous tariff rounds on both sides, said it is concerned that this latest move will only lead to further escalation.

“The distilled spirits companies in the EU and the US have already suffered enough as a result of this trade war,” said the trade group. “The longer these disputes are resolved, the greater the threat of further tariffs in our industry.”

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