The United States has announced modifications to tariffs previously imposed on certain European Union (EU) products based on World Trade Organization (WTO) Large Civil Aircraft litigation involving Boeing/Airbus. The tariff modifications add certain French and German non-sparkling wines, brandies, and aircraft fuselages, fuselage sections, wings, wing assemblies, and horizontal and vertical stabilizers, effective January 12, 2021 The move is in response to EU retaliatory duties of 15% and 25% on certain U.S. products, which the U.S. alleges are disproportionate because the EU relied on a benchmark reference period impacted by the COVID pandemic and excluded UK shipments.
Please contact Marshall Miller, Brian Murphy, Sean Murray, or Ryan Thornton with questions or for assistance.