Press release – Airbus case: MEPs to discuss US tariffs to be levied on European goods
These tariffs will compensate for illegal subsidies given to Airbus.
Chairman of Parliament’s Trade Committee Bernd Lange (S&D, DE) regretted the US government’s “tit for tat” approach in a statement after the World Trade Organisation (WTO) ruling.
The WTO authorised the US to hit EU products with tariffs worth $7.5 billion (€6.8 billion). Tariffs of 10 percent on Airbus and 25 percent on various products including Scottish whisky, French cheese and Spanish olive oil will enter into force on 18 October.