Due to a trade dispute over civil aircraft between the United States and the European Union (EU), the US imposed higher tariffs on some products from the European Union on Wednesday. This includes not only aircraft parts but also various wines from France and Germany.
The US Trade Authority said in a statement that tariffs on aircraft parts and certain still wines, cognacs and other brandies from France and Germany are being increased. It was not stated when the rate increases will take effect, but it was reported that the details will follow soon.
The fare increase is the latest move in a 16-year trade dispute between the EU and the US over civil aviation subsidies that also involves European aircraft manufacturer Airbus and American Boeing.
The US is thus responding to a European measure, which was approved by the World Trade Organization (WTO) in September. “The EU must take action to compensate for this unfairness,” the WTO said at the time.