US increases punitive tariffs on Airbus
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Status: 09:18 a.m. | Reading time: 2 minutes
– – –Suffering from American punitive tariffs: Airbus
Credit: pa / dpa / Andrew Matthews
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The United States increases the punitive tariffs on Airbus aircraft from the current ten to 15 percent. The aircraft manufacturer wants to “hold talks” to alleviate the consequences.
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IIn the dispute with the European Union (EU) over subsidies for the European aircraft manufacturer Airbus, the American government wants to increase tariffs for European aircraft from ten to 15 percent. This was announced by the US Trade Representative’s office on Friday. The measure should come into force on March 18. However, the United States is still ready to negotiate the dispute.
The World Trade Organization (WTO) had previously accused the EU of not completely cutting subsidies for Airbus. The background is a dispute about state aid for Airbus as well as for the rival, which has been going on for more than 15 years before the WTO Boeing in the billions, which the WTO has declared inadmissible. Last year, the WTO gave the United States the green light for billions in punitive tariffs on airplanes and other EU imports such as wine and cheese. Since October 18, punitive tariffs of 25 percent have been in force for numerous European agricultural and industrial goods. According to the latest US information, this duty rate will initially remain. However, it is said to hit other products that are not part of the aircraft sector.
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