Categories: BusinessLatest

US Slaps Tariffs on French and German Wines, Aircraft Parts Amid EU Dispute

US trade officials said on Wednesday they were increasing tariffs on certain European Union products, including aircraft-related parts and wines from France and Germany, amid an ongoing civil aircraft dispute between Washington and Brussels.

 

In a statement, the Office of the US Trade Representative said it was adding tariffs on aircraft manufacturing parts and certain non-sparkling wines as well as cognacs and other brandies from France and Germany.

The USTR did not say when the tariffs would take effect but noted that additional details would be “forthcoming.”

The new tariffs are the latest action in the 16-year US-EU dispute over civil aviation subsidies involving European aircraft company Airbus SE and its US-based rival Boeing Co.

 

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