Olives, cheese and planes: US imposed colossal duties on EU


America raised import tariffs for a range of European goods



Photo: Pixabay


In response to European subsidies for the Airbus concern, the White House has introduced new import duties from the European Union.

It is reported by Deutsche Welle.





The total amount of duties is estimated at 7.5 billion dollars. They will affect the number of agricultural products, the import of which will rise in price by 25%, and Airbus aircraft (10%).

In particular, cookies, butter and yogurts, sweaters, pullovers, cashmere and wool products, olives, wine, sausages, German coffee, whiskey, and Parmesan will be subject to additional taxes.

It is worth noting that the World Trade Organization has already sided with the United States, despite Brussels threatening Washington with retaliatory measures. The total amount of duties that Europe can impose on American goods can reach 35 billion euros.

It should be noted that the EU accuses the US of subsidizing Boeing, and this dispute within the WTO has been going on for 15 years.

For the European Union, America is the most important sales market: in 2018, the volume of trade between them amounted to approximately 1.3 trillion dollars.

Recall that US President Donald Trump in April announced the introduction of duties on goods from EU countries in the amount of $11 billion. Thus, he decided to “punish” the EU for subsidies for the European aircraft company Airbus.

As we have already reported, due to the US-EU trade war, the American motorcycle manufacturer Harley-Davidson decided to partially transfer production from America to Europe.

Author: Sandra Brown
Views: 138

Add a comment!

Your name:
Your Email:
  • bowtiesmilelaughingblushsmileyrelaxedsmirk
    heart_eyeskissing_heartkissing_closed_eyesflushedrelievedsatisfiedgrin
    winkstuck_out_tongue_winking_eyestuck_out_tongue_closed_eyesgrinningkissingstuck_out_tonguesleeping
    worriedfrowninganguishedopen_mouthgrimacingconfusedhushed
    expressionlessunamusedsweat_smilesweatdisappointed_relievedwearypensive
    disappointedconfoundedfearfulcold_sweatperseverecrysob
    joyastonishedscreamtired_faceangryragetriumph
    sleepyyummasksunglassesdizzy_faceimpsmiling_imp
    neutral_faceno_mouthinnocent
The code:
Кликните на изображение чтобы обновить код, если он неразборчив
Enter a code: