Information, deadlines and resource documents for U.S. tariff actions and the responses by the rest of the world.
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Tariff Action Resources
On October 2, 2019, the U.S. announced that it will impose additional tariffs of 25 percent on more than 150 products imported from European Union countries, as well as an additional 10 percent tariff on new aircraft from France, Germany, Spain and the United Kingdom, effective October 18, 2019.
In February 2020, the U.S. modified the tariffs. Additional products were added to the tariffed list, effective March 5, 2020. Also, the tariff on new aircraft from France, Germany, Spain and the United Kingdom was increased to 15 percent beginning March 18, 2020. On August 12, 2020, the U.S. again modified the list of products subject to tariffs, effective September 1, 2020.
These tariffs come after a World Trade Organization arbitrator determined that the U.S. may impose up to $7.5 billion annually in countermeasures against the EU due to its failure to fully comply with a previous WTO ruling against subsidies it provided to aircraft manufacturer Airbus.
New! On October 13, 2020 the WTO ruled that the EU may impose retaliatory measures against up to $3.99 billion worth of US goods. The EU announced that effective November 10, 2020, they will impose higher tariffs on $4 billion worth of products from the U.S.
Importers with tariffed goods due to this dispute should consider taking proactive measures to mitigate the impact of the tariff increase.
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