The U.S. imposed new duties on goods from Germany and France

The duties were raised because of the with Airbus. Washington applied the penalties to alcohol and aircraft parts from these countries.

The United States imposed new duties on aircraft parts and wine and brandy from and France. The duties will take effect on Tuesday, Jan. 12. That’s according to a statement on the U.S. Customs and Border Protection website.

Duties will now increase by 15 percent on imports of air components from these countries into the U.S. Duties on some varieties of wine will increase by 25%.

Washington believes that aircraft manufacturer Airbus receives subsidies in Europe, due to which it has a significant market advantage over U.S. aircraft manufacturer Boeing. And and France are important countries in the production chain of Airbus. That is why their goods were hit by the U.S. “sanctions”.

Europe said that this issue will be discussed with U.S. President-elect Joe Biden.

Leave a Reply

Your email address will not be published. Required fields are marked *