Saturday , January 23 2021

Malmstrom announces new list of US tariffs – News



EU Trade Commissioner Cecilia Malmström presented a long list of possible criminal charges against the United States on Wednesday after a conflict over flight fighters Boeing and Airbus.

Among the goods are frozen fish, coffee, alcoholic products such as rum, wine and vodka, ketchup and other tomato sauces, tobacco products, chocolates, nuts, orange juice, bags and suitcases and tractors.

More than ten years

The flying conflict lasts more than ten years. The WTO classified US support for Boeing as illegal, and the United States threatened the EU with criminal charges, after the WTO also called Airbus Airbus's backing illegal.

It is still unclear how the US administration adheres to criminal tariffs, which could amount to more than 200 billion Swedish kronor. Cecilia Malmström hopes that the conflict can be resolved by talks.

We will try to keep it, and build civilized, she says.

Customs duties imposed

More than a year ago, on March 8, 2018, President Trump made the official decision to impose 25 percent tariffs on almost all steel imports and 10 percent on aluminum. The duties entered into force on 1 June 2018.

On June 22, EU countermeasures entered into force with increased tariffs of 25 per cent for a large number of products from the United States.

These are products of iron and steel and food. But it is also for much more weird products like peanut butter, cranberry juice, bourbon, some beauty products, such as eyeliners and motorcycles.

The above intention was to fight production and jobs in countries where Donald Trump has strong public opinion support.

If these countermeasures did not bother, the EU Commission announced that new customs duties on US goods could come on March 23, 2021.


Source link