[ad_1]
The United States has raised tariffs on EU products again this week, a measure that will take effect on January 12, just days before incumbent President Donald Trump leaves the White House. The sanctions come in the context of the multi-year dispute between the two economic blocs over state aid to aircraft builders.
The move was announced Wednesday by the Office of the US Trade Representative and is based on tariffs previously imposed by the EU, which were themselves a response to the same US action. This exchange of rates arises after both parties dispute in the World Trade Organization (WTO) the aid to Boeing and Airbus.
The Trump administration had expressed a strong desire to resolve this dispute, as the Financial Times reports, but this stance shows that the matter will put the next president, Joe Biden, to the test, who is expected to have a closer relationship with European allies. . Biden will take office on January 20.
The tariffs will apply only to French and German products and will include aircraft components, some types of wine, cognac and brandy, in a package presented as products that cover an estimated value of US $ 7.5 billion (6.16 thousand euros). millions of euros).
The European Commission has already responded, saying in a statement Thursday that it “will work with the new US administration as soon as possible to continue these negotiations and find a lasting solution to this long-standing dispute.”
[ad_2]
