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US to Implement Retaliatory Tariffs on EU Wine, Cheese

The U.S. Trade Representative's office has released a list of EU products it would tax in response to EU subsidies for Airbus, reports BBC. Among the listed items were fresh or chilled salmon fillets; cheeses, including cheddar, roquefort, stilton, gruyere, and pecorino; fresh or dried lemons; virgin olive oil; and marsala wine.

The value of goods that would be targeted with tariffs is subject to arbitration at the World Trade Organization, the result of which is expected in a few months. "Our ultimate goal is to reach an agreement with the EU to end all WTO-inconsistent subsidies to large civil aircraft," says U.S. Trade Representative Robert Lighthizer. "When the EU ends these harmful subsidies, the additional U.S. duties imposed in response can be lifted." Full Story

Related: UK May Cut Food Tariffs Under No-Deal BrexitUS to Cancel Tariff Increase Plans.



from Specialty Food News http://bit.ly/2D6UV3l
US to Implement Retaliatory Tariffs on EU Wine, Cheese US to Implement Retaliatory Tariffs on EU Wine, Cheese Reviewed by Unknown on April 09, 2019 Rating: 5

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