The US authorities will keep tariffs on imports of cheese, wine and other food products from Europe for now

Published 2021년 2월 15일

Tridge summary

The US administration under the new government will not be removing the customs duties on foodstuffs like wine and cheese imported from Europe, as per a recent document from the US trade representative's office. These tariffs were initially introduced during the Trump administration in 2019 following an investigation into EU subsidies for Airbus. The decision to maintain these tariffs despite calls from the restaurant industry and European authorities to have them lifted, is due to the ongoing investigation and the authorized measures of nearly $7.5 billion per year against EU goods and services for the subsidy practices. The tariffs affect a variety of products from Europe, including aircraft, wines, Scotch whiskeys, and cheeses.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The new US administration has decided not to cancel the previously introduced customs duties on wine, cheese and other foodstuffs imported from Europe in the near future. This is stated in the document published on Friday by the staff of the US representative in trade negotiations. It notes that the American authorities "agree that there is currently no need to revise" the tariffs imposed by the 45th President Donald Trump's administration. At the same time, the document emphasizes that the apparatus of the American trade representative "will continue to consider the actions taken during the investigation," which led to the introduction of duties in 2019. The American restaurant business, which was seriously damaged by the consequences of the new coronavirus pandemic, asked the authorities to cancel these tariffs. The European authorities have also repeatedly called on Washington to abolish duties on goods from the EU. In October 2019, the Dispute Settlement Body of the World ...

Source: Milknews