Newsletter Newsletters Events Events Podcasts Videos Africanews
Loader
Advertisement

US threatens €3.5bn extra tariffs on EU produce over aircraft subsidy dispute

US threatens €3.5bn extra tariffs on EU produce over aircraft subsidy dispute
Copyright 
By Rachael Kennedy
Published on Updated
Share Comments
Share Close Button
Copy/paste the article video embed link below: Copy to clipboard Copied

The US Trade Representative (USTR) has revealed a list of EU produce that could be slapped with extra trade tariffs in response to a long-running dispute over aircraft subsidies.

Produce from the EU being exported to the US could be facing additional tariffs costing billions of euros, according to a US government statement released on Monday.

The US Trade Representative (USTR) threatened the extra duties on EU produce, saying it was in response to a long-running dispute on subsidies placed on large passenger aircraft.

There were 89 "subheadings" of products listed for the potential new tariffs, which the USTR estimated to be worth $4bn (€3.5bn).

This comes in addition to a list published in April, of which the extra tariffs were estimated to be worth $21bn (€18.5bn).

"USTR is adding to the initial list with the supplemental list in response to public comments and additional analysis," the department said.

Items on the list published on Monday included:

  • Hams

  • Pork sausages

  • Milk

  • Dairy spreadables

  • Cheese - gouda, edam, romano, reggiano, provolone, blue-veined cheese, parmesan, etc

  • Olives

  • Fruit

  • Coffee

  • Pasta

  • Waffles and wafers

  • Mixed condiments and mixed seasonings

  • Whiskeys

WATCH: Euronews business editor, Sasha Vakulina's report on the new EU tariffs threat:

Want more news?

Go to accessibility shortcuts
Share Comments

Read more

New US strike on alleged drug boat in eastern Pacific kills four as tensions with Venezuela rise

Transport, energy and raw materials drive EU-Central Asia cooperation

Lithuania arrests 21 in alleged cigarette smuggling ring using weather balloons from Belarus