In a broadside against Airbus, U.S. launches aircraft tariffs
PASCAL PAVANI/AFP/Getty Images) By Aaron Gregg Aaron Gregg Reporter covering the defense industry and government contractors. Email Bio Follow April 9 at 9:11 AM The White House office of the U.S. Trade Representative announced Monday that it would pursue tariffs against a broad collection of aircraft and aircraft parts from the European Union. In addition it said it is considering imposing tariffs on products as diverse as swordfish, brandy and brooms from countries in the E.U.
The action comes as U.S. aerospace giant Boeing grapples with the fallout from two deadly crashes involving its 737 Max planes, which have been grounded globally.The U.S. trade authority released a preliminary list of products to be covered by the additional import duties, including helicopters, passenger and cargo aircraft, fuselages, and other aircraft parts. It excluded aircraft sold to the U.S. military.
“The Commission is starting preparations so that the EU can promptly take action based on the arbitrator’s decision on retaliation rights in this case,” a Commission spokesman said, according to Reuters. “The European Union remains open for discussions with the United States, provided these are without preconditions and aim at a fair outcome.”
“The World Trade Organization finds that the European Union subsidies to Airbus has adversely impacted the United States, which will now put Tariffs on $11 billion of EU products! The EU has taken advantage of the U.S. on trade for many years. It will soon stop!” Trump said on Twitter.
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