A Fourth Estate® Service

Wednesday, January 27, 2021

U.S. Tariffs on French and German Wines and Aircraft Parts Begins

The U.S. government would impose new tariffs on aircraft parts and other goods that would come from France and Germany beginning Tuesday due to failure in resolving a long-running trade dispute over aircraft subsidies with the European Union.

The U.S. government would start imposing new tariffs on aircraft parts and other goods that would come from France and Germany beginning Tuesday.

The tariffs come due to the failure to resolve a long-running trade dispute over aircraft subsidies with the European Union, according to a statement released by the U.S. Customs and Border Protection.

In the notice late on Monday, the federal border control agency said that it would begin collecting additional 15 percent on certain parts of large civil aircraft from France and Germany, including fuselage and wing assemblies, as well as 25 percent duties on certain wines.

“The revisions to the listed products are effective for imports, or warehouse withdrawals for consumption, on or after 12.01 a.m. January 12, 2021,” the agency said in its statement.

The decision came after the Office of the US Trade Representative (USTR) announced in December that it would implement changes in the imposition of tariffs on certain products that would come from the EU because of a 16-year dispute over aircraft subsidies.

Article © 2021 Fourth Estate® — All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Recent Articles

Global Tally of COVID-19 Cases Surpass 100 Million

The total number of COVID-19 cases worldwide has surpassed 100 million on Jan. 26, according to data from Johns Hopkins University (JHU), amid the...

U.S. Senate Confirms Antony Blinken as Secretary of State

Antony Blinken has been confirmed by the Senate as the next Secretary of State.The confirmation vote had a final tally of 78-22 with the...

UK Offers Financial Incentives to EU Citizens Under ‘Voluntary Return’

The United Kingdom is now offering financial assistance to EU citizens, who want to leave for their home country. Under the ‘voluntary return’ the...

Iran Blocks Signal Messaging App

The Iranian government blocked Signal after local users migrated to the messaging platform following privacy concerns from WhatsApp. The Observatory of Network Interference (OONI) first...

Norwegian Watchdog Slaps Grindr with $11.7 Million Fine for Violating Data Privacy

The Norwegian Data Protection Authority (DPA) announced on Tuesday that it has fined dating app Grindr 100 million Norwegian crowns ($11.7 million) for illegally...

Get the Daily NewsBrief in your inbox

Related Stories