The total volume of goods remains at $7.5 billion, the amount of duties remains 15% for aircraft and 25% for other goods.
The United States will replace from September 1 several items in the list of goods and services from the EU and the UK, subject to additional duties. This is stated in a statement issued by the office of the American representative at trade negotiations.
In October 2019, the Dispute Resolution Body of the World Trade Organization (WTO) allowed the United States to introduce measures of almost $7.5 billion a year for goods and services of EU countries that violated WTO rules when subsidizing Airbus Corporation.
“According to US law, the representative’s office at trade negotiations modifies the list of goods subject to additional duties <… >. Specific items from Greece and the UK are removed from the list; they are replaced by goods of equal quantity from France and Germany, the statement says. – The changes are insignificant; the total volume of goods remains at $7.5 billion, the amount of duties remains 15% for aircraft, and 25% for other products. The changes come into force on September 1, 2020”.
The lawsuit on subsidies by the EU states Airbus dates back to 2004. Washington complained about the practice of subsidies to this aircraft company from the UK, Germany, Spain, and France.
Under American measures, in particular, were British, German, Spanish, and French aircraft. Also, duties affect French wines, Scottish single malt whiskey, and cheese from some EU member states.