USA handbags, shovels on $20 billion European Union tariff list over Boeing

18 Avril, 2019, 11:54 | Auteur: Anatole Charbonneau
  • From squid to bicycle parts: EU hits back at US tariffs with its own $20bn US imports list

European Union imports of the goods on the preliminary retaliation list in the Boeing dispute have a total value of around $20 billion and the bloc would eventually apply duties on some or all of the products once the WTO sets the damages limit, according to the commission, the bloc's executive arm.

The European commission threatened to impose tariffs on USA imports worth $20bn (£15.3bn) on Wednesday, publishing an 11-page catalogue of items at risk, which also included aircraft and tractors, following a World Trade Organization ruling against Washington last month.

The EU's trade commissioner, Cecilia Malmström, said she wanted to avoid a tit-for-tat trade war with Washington, and called for Trump to come to the negotiating table.

In late March, the WTO appellate body confirmed that the U.S. failed to comply with the organization's rules on subsidies and "continued unabatedly its illegal support of its aircraft manufacturer Boeing to the detriment of Airbus", according to the European Commission.

The proposed tariffs cover a range of products from aircraft to chemicals and food products including frozen fish, citrus fruit, and ketchup.

"The EU has taken advantage of the USA on trade for many years".

It's an important difference from the dispute between China and United States, and American action over steel and aluminium, where it can be argued that countries have gone beyond what the WTO rules permit. But the proposed retaliation on aviation does not.

"Game of Thrones": démarrage record pour la saison 8 aux Etats-Unis
Diffusée sur la chaîne HBO , l'audience de ce premier épisode signe le meilleur démarrage d'une saison sur la chaîne américaine. Rien que sur son antenne, la chaîne câblée a réuni 11,8 millions de téléspectateurs.

'Jeopardy' host Alex Trebek plans to return in September, despite cancer diagnosis
Specifically, he thanked young people for the many cards they've sent him: "I'm touched beyond words". Trebek has hosted the show since it debuted in syndication in 1984.

Polyglotte, vétéran et gay : Peter Buttigieg, la star montante des démocrates américains
Dès 2016 il avait pris les devants, proposant à ceux qui voudraient contourner la difficulté d'utiliser le surnom de "Mayor Pete".

A long list of United States seafood products, including pollock, cod and Pacific salmon, are included among the items the European Commission's (EC) has proposed hitting with tariffs in relation to the nearly 15-year dispute over subsidies paid by the USA to airplane maker Boeing and Europe to Airbus.

The United States and the European Union have been battling for nearly 15 years at the World Trade Organization over subsidies given to USA planemaker Boeing and its European rival Airbus.

Brussels has responded with its own list of some 20 billion US dollars worth of USA imports, including agricultural products from dried fruit to ketchup, planes, fish, tobacco, handbags, suitcases, tractors, helicopters and video game consoles.

According to the EC, the preliminary tariffs (see the list of seafood products below) are subject to public consultation, which will last until May 31, 2019.

Both sides have said they would prefer a settlement that did not lead to tariffs being imposed. "While we need to be ready with countermeasures in case there is no other way out, I still believe that dialog is what should prevail between important partners such as the European Union and the USA, including in bringing an end to this longstanding dispute".

"The EU remains open for discussions with the U.S., provided these are without preconditions and aim at a fair outcome", Ms Malmström said. The World Trade Organization will ultimately decide the level of damages the European Union can seek, with a verdict possible toward the end of this year or in early 2020.

The EU responded with tariffs on about 2.8 billion euros' worth ($3.4 billion) of USA steel, agricultural and other products, from Harley Davidson bikes to orange juice.

Conseillé:



Populaire

Game of Thrones first episode streamed illegally 54 million times
China was next with 5 million views (they air a censored version over there) and interesting in the USA was next with 4 million. The Season 8 premiere of HBO's Game of Thrones set a record for viewership across all of its platforms Sunday night.

Only Half on Statins See 'Appropriate' Reduction in Bad Cholesterol
The exact dosage of statins prescribed and patients' compliance to the prescriptions were not within the scope of the research. Statins work by lowering LDL cholesterol or low-density lipoprotein, which in turn lowers the risk of heart attack and strokes.

Delist Bitcoin SV movement continues: Kraken, Bitforex onboard
For example, Kraken Exchange is now holding an open poll on Twitter over whether to delist Bitcoin SV or not. Meanwhile, the Maltese OKEx decided otherwise. "Cryptocurrency is about creating a better world".

Gronkowski dented Lombardi trophy after using it as baseball bat, video shows
Long known for his rambunctious personality, the 29-year-old Gronkowski announced his retirement in late March after nine National Football League seasons.

"Colossus", un robot-pompier dans la fournaise de Notre-Dame
Piloté par une télécommande, le robot peut être raccordé à la lance à incendie et projeter des jets puissants ou en forme de cône large.

Jennifer Lopez’s fiancé Alex Rodriguez reveals he planned proposal for 6 months
When host Jimmy Fallon asked if he rehearsed by himself, Rodriguez replied that his assistant Ashley was with him. Rodriguez added that it "worked out well".

Bilic conseillait à Payet de ne pas aller à l'OM — West Ham
Je pense à l'année où il nous a donné de la joie et de superbes performances. Pour rappel, Bilic entraîne Al-Ittihad, depuis octobre 2018.

Kim Kardashian Revealed How Her Fancy Bathroom Sinks Work
Kardashian leads the camera to Kanye and the kids , continuing to answer questions while their children are adorably well behaved. Kim Kardashian gave fans a better look at the apparent basin-less sink in her and Kanye's bathroom.

The world searches for 'dad and daughter' in viral Notre Dame photo
Bernard Arnault, the main shareholder of LVMH Moet Hennessy Louis Vuitton SE, ranks third globally with a $90.4 billion fortune. What happened at Notre Dame? EU Council President Donald Tusk expressed his condolences after the fire broke at the cathedral.

Toyota unveils new 2020 Highlander crossover in NY
Where the outgoing Toyota Highlander Hybrid was a curiosity in the lineup, the new model is solidly mainstream. Cloth seats come standard on the LE trim, while synthetic leather is fitted to the Highlander Hybrid XLE.