The United States will impose tariffs on French and German aircraft parts

China News Service, January 12, according to Reuters, on the 11th local time, the U.S. Customs and Border Protection announced that the United States will impose additional levies on aircraft parts and wines from France and Germany on January 12 tariff.

According to reports, in view of the continuing aviation subsidy dispute between Washington and Brussels, the US is increasing tariffs on certain products from the EU.

impose tariffsThe United States Customs and Border Protection said on the same day that according to the decision of the Office of the United States Trade Representative, the United States will impose an additional 15% tariff on some aircraft parts produced in France and Germany, and an additional 25% tariff on some wines produced in France and Germany.

People familiar with the matter said that in the last few weeks of the Trump administration, trade talks between Washington and Brussels reached a deadlock. The European Union has sought to discuss a quick solution to the problem with US President-elect Biden, but Biden has so far made no comment.

According to previous reports, the US-Europe aviation subsidy dispute began in 2004. The WTO has successively ruled that both the United States and the European Union have problems providing 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 authorized the EU to impose tariffs on goods and services from the United States not exceeding US$3.99 billion each year.