U.S. raises tariffs on European-built aircraft in ongoing dispute over subsidies By Reuters

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© Reuters. U.S. raises tariffs on European-built plane in ongoing dispute over subsidies

WASHINGTON (Reuters) – The U.S. authorities on Friday stated it might improve tariffs on plane imported from the European Union to 15% from 10%, ratcheting up stress on the EU in a 16-year transatlantic dispute over plane subsidies.

USTR stated it remained open to reaching a negotiated settlement with the EU on the problem, however may revise its actions if the EU imposed tariffs of its personal in reference to a pair of disputes over plane subsidies.

In a press release launched late on Friday, USTR stated it might rotate extra 25% tariffs to completely different non-aircraft merchandise from the EU, however wouldn’t increase the tariff fee, because it had advised it would do in October.

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