U.S. leaves tariffs on Airbus aircraft unchanged at 15%

FAN Editor

WASHINGTON – The federal government on Wednesday said it would maintain 15% tariffs on Airbus aircraft and 25% tariffs on other European goods, despite moves by the European Union to resolve a long-standing dispute over aircraft subsidies.

Continue Reading Below

AIRBUS DELIVERIES DIVE IN CORONAVIRUS-HIT FIRST HALF OF YEAR

U.S. Trade Representative Robert Lighthizer said the EU had not taken actions necessary to come into compliance with World Trade Organization decisions, and Washington would initiate a new process to try to reach a long-term solution.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Lighthizer’s office said it would modify its list of $7.5 billion of affected European products to remove certain goods from Greece and Britain, adding an equivalent amount of goods from Germany and France.

CLICK HERE TO READ MORE ON FOX BUSINESS

Free America Network Articles

Leave a Reply

Next Post

Kamala Harris blames Trump for severity of U.S. coronavirus outbreak: He failed to take it 'seriously from the start'

Democratic vice-presidential pick Sen. Kamala Harris on Wednesday blamed President Donald Trump for the severity of the coronavirus outbreak in the United States, saying he was “delusional” and failed to take the virus “seriously from the start.” “This virus has impacted almost every country but there’s a reason it has […]