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The European Union imposes punitive tariffs on Washington

2020-11-09T16:35:43.087Z


BRUSSELS-SANA Brussels announced today that the European Union will impose punitive customs duties on the United States in response


Brussels-Sana

Brussels announced today that the European Union will impose punitive customs duties on the United States in response to US sanctions due to the dispute between the two "Airbus and Boeing" companies for the aircraft industry.

"We have a decision from the World Trade Organization in the Boeing case that allows us to impose customs duties and this is what we will do," AFP quoted European Commissioner for Economic Affairs Valdes Dombrowskis as saying at a press conference, indicating that Brussels is still open to a negotiated solution that will reveal the details of the targeted American products. And the value of penalties.

The European Commissioner added that these fees came in response to the United States ’last year imposing duties on European goods and services amounting to about 7.7 billion dollars imported annually, which is the largest penalty allowed by the World Trade Organization.

The European aircraft manufacturer Airbus and its US rival Boeing, and through them Brussels and Washington, have been facing since October 2004 before the World Trade Organization, which decided on global trade issues regarding government aid provided to the two groups, which is considered illegal by the European and American sides.

Source: sena

All news articles on 2020-11-09

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