LINE

    Text:AAAPrint
    Economy

    U.S. targets 4 bln USD EU goods for potential tariffs over aircraft dispute

    1
    2019-07-03 08:44:38Xinhua Editor : Gu Liping ECNS App Download

    The U.S. government on Monday proposed punitive tariffs on additional 4 billion U.S. dollars of EU goods amid their dispute over aircraft subsidies.

    The U.S. Trade Representative's Office (USTR) released a supplemental list of 89 tariff sub-categories to its initial list, which includes cheese, pork, pastas, fruits, coffee and whiskies, as well as chemicals and metals, among others, the agency said in a statement on Monday.

    USTR claimed that it issued the supplemental list "in response to public comments and additional analysis," and to enforce U.S. rights in the World Trade Organization (WTO) dispute against the EU and its member states regarding EU subsidies on large civil aircrafts.

    USTR said it would hold a hearing on the proposed additional tariffs on Aug. 5, and will take into account the report of the WTO Arbitrator on the appropriate level of countermeasures to be authorized by the WTO.

    Over 40 industry representatives, who mostly oppose the tariff measure, attended a public hearing of the initial list on May 15-16. The list involves some 21 billion dollars in trade value, including aviation-industry related-parts and consumer goods.

    Washington and Brussels have been locked in a long-running row over aircraft subsidies, accusing each other at the WTO of engaging in unfair practices. The WTO has found wrongdoings on both sides, with the United States targeting Airbus and the EU against Boeing.

    Airbus Chief Commercial Officer Christian Scherer told CNBC in June that the U.S.-proposed tariffs "defy economic logic" and will pass higher costs onto the consumer, according to a report by the news channel.

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    ECNS Wire
    Biz
    Economy
    Travel
    Photo
    CNS Photo
    Video
    Video
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2019 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 波密县| 如皋市| 合肥市| 武汉市| 剑川县| 彭州市| 集安市| 水富县| 蓝田县| 安达市| 江阴市| 颍上县| 茌平县| 祁东县| 金溪县| 旌德县| 永年县| 丘北县| 遂宁市| 高青县| 平湖市| 银川市| 利津县| 威宁| 体育| 广南县| 池州市| 吉隆县| 平度市| 淳化县| 兴安盟| 吴川市| 榆中县| 商都县| 汉源县| 陇川县| 凤翔县| 榆林市| 林芝县| 桃园县| 临潭县|