The Latvian Ministry of Foreign Affairs would like to share the news that in line with the notification published in the United States Federal Register, beginning on 18 October 2019, the United States of America has started applying increased import tariffs on 7.5 billion USD goods originating in the European Union (EU) as compensation for subsidies to Airbus.
On behalf of the EU, the EU Trade Commissioner Cecilia Malmström has expressed regret over the U.S. decision to apply increased tariffs on goods originating in the EU. Commissioner Malmström also noted that this step leaves the EU with no alternative but to increase import tariffs on U.S. goods, when the World Trade Organisation (WTO) announces the amount of damage done to the EU economies in the Boeing case, where the US has been found in the breach of WTO rules.
The WTO ruled that the U.S. is entitled to impose countermeasures with respect to goods originating in the EU. Additional import duties vary from 10% for aircraft and 25% for other goods, including agricultural products, such as dairy products (butter, cheese), whisky, pork and others. See a detailed list of products in the official publication of the U.S. Federal Register.