Trump steps up in the trade dispute: US President imposes punitive tariffs on popular German product

Punitive tariffs for Germany: The USA is willing to talk about the trade dispute with the EU, but is now making adjustments to the punitive tariffs.

• The trade dispute between the US and the EU continues.
• However, there are at least positive developments.
• Nonetheless, US President Donald Trump * has now placed punitive tariffs on a German product.

Washington - New developments in the trade dispute between the US and the European Union . The United States , although largely dispense with severe tariff increases, however, take the same changes to the list of such products before. It also affects Germany .

USA: Donald Trump upgrades in the trade dispute with the EU: punitive tariffs on German product

The US punitive tariffs are based on a ruling by the World Trade Organization (WTO) on account of years of illegal subsidies for the aircraft manufacturer Airbus . It enables Washington to levy additional taxes of up to 100 percent on goods valued at 7.5 billion dollars (the equivalent of 6.7 billion euros). For this reason, the USA had already issued punitive tariffs of 25 percent on numerous products from Europe last October . For example, wine from Germany and France , Parmesan from Italy and olive oil from Spain are affected . There is a special tax of 15 percent on aircraft imports.

USA: Adjustment of the punitive tariffs - from September 1st jam from Germany hits

With the adjustment now carried out, Greek cheese and biscuits from Great Britain were removed from the list, but at the same time a product from Germany was newly integrated. From now on, the USA imposes punitive tariffs on jam from the Federal Republic. The same should apply to corresponding products from France . The new regulations apply from September 1st.

The EU Commission has now made it easier to react to the comparatively mild adjustments. "The Commission appreciates the US decision not to exacerbate the ongoing aircraft dispute by increasing tariffs on European products," said a spokeswoman for the Brussels authority on Thursday. From the EU's perspective , one should now build on this decision and intensify efforts to find a negotiated solution to the ongoing trade disputes. The responsible EU Commissioner Phil Hogan (Ireland) will continue his efforts to this end.

USA: Trump's trade dispute with Europe - EU is also thinking of new punitive tariffs on US products

"The current economic slowdown and especially its effects on air traffic and the aviation sector make it particularly urgent to resolve the dispute," said the spokeswoman. Should the USA stick to the special taxes in the long term, the EU will also impose new punitive tariffs on US products . The basis should be that WTO arbitrators have also found illegal subsidies for the Airbus competitor Boeing . The EU is therefore expecting billions of euros to be approved in the autumn. * Merkur.de is part of the nationwide Ippen-Digital editors network

List of rubric lists: © Brendan Smialowski / AFP