The EU introduces response tariffs on the US Airbus taxes
“We regret the US decision to impose duties. This step leaves us with no choice but to return our tariffs in the Boeing case, which established US liability for violating WTO rules”, – said Cecilia Malmström, European Commissioner for Trade.
“The European Commission will monitor the effect of the US taxes and will protect European producers, including in the agricultural sector, which will fall under these tariffs”, – the European Commissioner noted.
At the same time, she emphasized the confidence of the European Commission that “the introduction of trade tariffs does not meet the long-term interests of both parties”.
On Monday, the World Trade Organization’s Dispute Resolution Authority allowed the United States to levy duties of nearly $ 7.5 billion per year on EU goods and services that violated WTO rules when subsidizing Airbus Corporation.