The EU is about to launch a heavy tax return to the US

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European Union EU will announce a list of retaliatory taxes on US imports worth more than $ 22 billion next week.
The EU is about to launch a heavy tax return to the US
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The European Commission intends to publish a list of draft retaliation tariffs with US imports worth 20 billion euros ($ 22.6 billion) on April 24 - German news agency DW quoted EU diplomats as saying. on 12.4. The news came after French Finance Minister Bruno Le Maire met his US counterpart Steven Mnuchin in Washington.

In the transatlantic dispute at the World Trade Organization (WTO) that lasted for 14 years, the US and EU accused each other of illegal subsidies for each other by Boeing and Airbus airlines.

Minister Le Maire proposed a reconciliation solution at a news conference on the sidelines of the IMF and WB meetings, but warned that Europe was "ready to respond" if punished by "unreasonable sanctions of America".

Earlier this week, EU threatening President Donald Trump to Airbus and US trade agencies said they were drafting a list of EU products to tax when exporting to the US market.

Reuters quoted EU diplomats as saying the EU is likely to demand WTO to allow countermeasures worth 10.6 billion euros ($ 12 billion). Earlier, a larger list of drafts will be published for public consultation. The WTO is expected to give an answer in March.

The final WTO decision on US retaliatory measures against Airbus and the EU is expected to be released in June or July this year.

Next week, the EU will make the final procedure to begin formal trade negotiations with the US to eliminate taxes on transatlantic industrial goods.

Last July, President Donald Trump agreed not to tax EU import cars, while the two sides sought to improve economic relations, which were already stressed by taxes on steel and aluminum.



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