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Trump intends to impose duties on goods from the EU

After that, the WTO has shown that the EU's support for Airbus at several occasions has had harmful effects, the united states will now add duties on EU-produc

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Trump intends to impose duties on goods from the EU

After that, the WTO has shown that the EU's support for Airbus at several occasions has had harmful effects, the united states will now add duties on EU-produced goods to a value of 11 billion dollars.

It wrote president Donald Trump in a tweet on Tuesday.

”the EUROPEAN union has availed US in the trade for several years. It will soon end!”, he wrote.

Previously, Trump questioned the car export business from EUROPE to the united states. Mainly, the president has pointed out the German fordonsexporten. Would ultimately also the Swedish automotive industry hit hard if tariffs become a reality, according to Stefan Westerberg, senior economist at the Stockholm chamber of commerce.

– the united states is a very important export market for the Swedish automotive industry, it is the most important of all countries. There are calculations that show that an increase of the duties would threaten to 4,000 jobs in the automotive industry, " he says.

In the extension it would be able to give a ripple effect and affect the other parts of the Swedish labour market and the economy at large, " he continues.

the USTR refers to the fact that the French Airbus is subsidised in the EU.

the EU considers that the sum of just over eleven billion dollars is greatly exaggerated in relation to what the conflict is about.

– the Figures are based on the U.S. internal estimates and not WTO (world trade organization, says a spokesperson for the EUROPEAN commission.

the EU is now preparing to respond to the united states with tariffs on u.s. products, according to the spokesperson.

– A response is coming ever closer. But we are, of course, continued to be open for negotiations with the united states, " says EU spokesperson.

https://twitter.com/realDonaldTrump/status/1115578769518018560

The american handelsmyndigheten USTR announced on Monday a list of goods that can have major fees if they are exported to the country. On the list are, inter alia, goods like cheese, wine, clothes and motorcycles.

" means an escalation of the 14-year-old conflict between the united states and the EUROPEAN union, where the parties blaming each other for subsidising aircraft manufacturers Airbus respectively Boeing.

According to the USTR trade organisation (WTO) several times pointed out that subsidies have negative effects for the united states.

There has been litigation about this in 14 years, now it is time for action, says U.S. trade representative Robert Lighthizer.

between the united states and the EUROPEAN union have been ongoing since 2005 and is considered as one of the WTO's most complex cases.

In march brought down the WTO the united states to have helped with illegal subsidies to the us aircraft manufacturer Boeing.

the USTR's statement coincides with the crisis for Boeing, after flygplansmodellen 737 Max 8 subject to an operating ban after two deadly accidents.

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