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EU punitive tariffs: Ketchup and oranges from the united states can be more expensive in the future

American goods worth about 200 billion dollars in annual exports to the EU, closer to 2,000 billion, may be subject to punitive tariffs. This in the wake of the

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EU punitive tariffs: Ketchup and oranges from the united states can be more expensive in the future

American goods worth about 200 billion dollars in annual exports to the EU, closer to 2,000 billion, may be subject to punitive tariffs. This in the wake of the world trade organisation, the WTO has classified us government support to the aircraft manufacturer Boeing as illegal.

– European companies must be able to compete on fair and equal terms. The ruling recently from the WTO on the state of u.s. subsidies to Boeing is therefore important. We must continue to defend an equal playing field for our industry, " said EU trade commissioner Cecilia Malmström, in a press release.

She jump still to the united states and the EU to negotiate an agreement so that the us action is not implemented.

is determined by the WTO. The world trade organisation shall determine how big the economic damage is in illegal state aid. The EU is awaiting, therefore, the amount the WTO.

Even if the conflict concerns two main flygtillverkare the list contains far more than inputs to the industry. Many consumer goods are exhibited, ketchup, and citrus fruits, which means that tariffs can turn directly to EU citizens ' wallets.

– in Order to reach up to the amount you have to add to the goods, in addition to the industrial products which also are on the list, " says a spokesperson for the EUROPEAN union.

the united states has, on its side presented a list of goods from the EU, as the americans want to identify with punitive tariffs. This is because the united states considers that the european Airbus received illegal aid. The case also lies with the WTO.

the Text to be updated

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