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aircraft

BREAKING NEWS: U.S. ANNOUNCES ADDITIONAL TARIFFS OF 10 – 25% ON CERTAIN E.U. PRODUCTS, EFFECTIVE OCT. 18, 2019

On October 2, 2019, the U.S. Trade Representative (“USTR”) published a list of E.U. products which will be subject to additional duty rates of 10% or 25% ad valorem, effective October 18, 2019. The application of the additional tariffs is specific with regard to tariff provision and country of origin. A link to the list […]

UPDATE: W.T.O. DECISION AUTHORIZES THE U.S. TO IMPOSE $7.5 BILLION IN TARIFFS ON E.U. PRODUCTS

On October 2, 2019, the World Trade Organization (“W.T.O.”) announced that the U.S. can impose $7.5 billion in tariffs annually on products of the European Union (“E.U.”), in retaliation for the E.U. illegally subsidizing its large civil aircraft manufacturer, Airbus. In anticipation of this decision, the U.S. prepared two lists of tariff provisions on which […]