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Home / World / Trump raises tariffs on EU products amounting to 11 billion USD

Trump raises tariffs on EU products amounting to 11 billion USD



President Trump Donald John TrumpSanders for Five-State Vibration in the Midwest US Reduced Tax Reliefs by March to Billions of Last Year Tariffs for "Mexican cars" are just taxes on American consumers. Tuesday in an early morning tweet

"The World Trade Organization notes that European Union subsidies for Airbus have negatively impacted the United States, which will now set tariffs at $ 1

1 billion!" He said.

"The EU has used US trade for many years," he added. "It will stop soon!"

The government released a list of EU imports worth about $ 11 billion late this Monday that would be affected by tariffs retaliation for EU subsidies to the aircraft manufacturer Airbus, which is considered unfair by the WTO.

US Trade Representative Robert Lighthizer Robert (Bob) Emmet LighthizerChinese, US negotiator refining details of the trade agreement: Report The Trump economy continues to roar Trump says no discussion about extending the deadline in Chinese trade talks [19659003] The list called for the cessation of EU subsidies, which he said harmed US interests.

"Our ultimate goal is to reach an agreement with the EU to end all WTO-contradictory subsidies for large civil aircraft. When the EU stops these harmful subsidies, it can repeal the additional US tariffs that were imposed in response, "Lighthizer said in a statement.

The Airbus representatives called the Trump Administration's tariff movements in a statement to the Wall Street Journal "completely unjustified." He added that the company had made changes to satisfy the WTO regulators.

[T] This would lead to unnecessary trade tensions, and that shows that the only reasonable solution is a negotiated solution ", Airbus representative told the newspaper.

Airbus competitor Boeing praised the move, calling on the EU to follow the WTO ruling.

"Boeing supports the US Trade Representative and his team in their ongoing efforts to improve competitive conditions in the global aircraft market," said the company "In the tariff list draft, the EU is likely to be forced to comply with previous WTO decisions against them."

– This report was updated at 8:05 am


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