+34The U.S. plans to release a list of new tariffs on EU products, including aircraft and agricultural goods. Here’s when the tariffs are expected to go into effect.
said it is "concerned about the detrimental impact aircraft tariffs will have on the ability for low-cost carries like JetBlue to grow and compete." Reacting to the WTO decision earlier, European Commissioner for Trade Cecilia Malmstrom said new U.
S. tariffs would be "short-sighted and counterproductive." She left the door open to the EU levying retaliatory duties. Trump has long decried what he calls unfair trade practices by the EU. His adminstration increased tensions with the bloc when he put tariffs on steel and aluminum imports from Europe last year. In response, the EU slapped duties on more than $3 billion in American goods, including bourbon and motorcycles.the administration delayed those tariffs for up to six months. The U.S. sent about $319 billion in goods to the EU countries combined in 2018, making the states together the largest American export market. The U.S. imported about $488 billion in products from the EU, and the nations combined are America's second largest supplier of goods.
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