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    Counterattack! The EU Has Issued A Tax List Of 20 Billion Dollars For The United States!

    2019/4/19 12:58:00 8935

    CounterattackTax ListEU

    After the United States threatened to impose tariffs on EU goods worth about US $11 billion on the 8th, the EU also issued a list of US goods worth about US $20 billion on the 17th, threatening to impose tariffs.


    Cecilia Malmstran, member of the European Commission in charge of trade affairs, said in a statement on the 17th that the EU must safeguard a fair competitive environment for the European aircraft manufacturing industry, but the EU does not want to go head to head with the United States. The statement also clearly released the will to solve the problem through negotiation.


    Malmstrom said: "If there is no other way (to solve this problem), we need to be ready to take countermeasures. But I still believe that for important partners like the EU and the United States, dialogue should be the final way out, especially when solving this long-term dispute. As long as there are no preconditions and the aim is to achieve a fair result, the EU is still willing to discuss with the United States. "


    The list released by the European Union on the same day covers a wide range of products, from aircraft to chemicals and agricultural products. The EU will conduct public consultation on this list. The EU side said that the final amount of additional tariffs on American goods would also be made in consideration of the WTO's arbitration decision on the Boeing subsidy case.


    The aviation industry anti subsidy dispute between the United States and the European Union, with Boeing and Airbus as the focus, has a long history. In 2004, the United States filed a lawsuit against the WTO, accusing the EU of providing illegal subsidies to Airbus in various forms; The EU subsequently sued the WTO for the huge illegal subsidies provided by the US government to Boeing. In this regard, the WTO has ruled that the United States and the European Union both provide illegal subsidies to their respective aviation enterprises.


    The US government recently accused the EU of illegally subsidizing Airbus, which has a negative impact on the US. On the 8th, the Office of the United States Trade Representative (USTR) accordingly launched the procedure of Article 301 of the United States Trade Act of 1974, and proposed to impose additional tariffs on EU products worth about $11 billion. European Commission officials later said that the EU might take retaliatory measures against the US for its illegal subsidies to Boeing.
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