Airbus case: MEPs to discuss US tariffs to be levied on European goods

Source: European Parliament (EP) i, published on Wednesday, October 9 2019.

The expected effects of a recent WTO decision to allow heavy US tariffs on European goods are up for a debate with Commissioner Cecilia Malmström i on Wednesday.

These tariffs will compensate for illegal subsidies given to Airbus.

Chairman of Parliament’s Trade Committee Bernd Lange (S&D, DE) regretted the US government’s “tit for tat” approach in a statement after the World Trade Organisation (WTO) ruling.

The WTO authorised the US to hit EU i products with tariffs worth $7.5 billion (€6.8 billion). Tariffs of 10 percent on Airbus and 25 percent on various products including Scottish whisky, French cheese and Spanish olive oil will enter into force on 18 October.

You can watch the plenary debate via EP Live, and EbS+.