In Short
The Situation: The U.S. government is
revisiting whether to maintain or impose up to 100% additional
tariffs on certain goods originating in the European Union
following the World Trade Organization's ("WTO")
recent findings that the European Union has continued unlawful
trade practices relating to the provision of subsidies associated
with the production of large civil aircraft. The European Union has
filed an appeal against those findings.
The Result: The proposed tariff actions target
EU-origin products currently subject to 10% or 25% additional
duties, as well as EU-origin goods not currently subject to
additional duties.
Looking Ahead: Interested parties have until
January 13, 2020, to submit written comments concerning the
proposed tariffs, as well as the potential impact the proposed
tariffs could have on U.S. interests and modifying the European
Union's practices. Also, the European Union is still
considering the imposition of additional