… The United States is imposing import tariffs of 25 percent on a range of European products. These include… pork… from the Netherlands, according to a list published by American trade envoy Robert Lightizer on Wednesday. The tariffs take effect on October 18th… EU Trade Commissioner Cecilia Malmström said that the European Union wanted to get through this with the United States in an honest way. But if the US decides to introduce import duties, then according to Malmström, the EU has no choice but to do the same...
U.S. slaps 25% import tax on many Dutch cheeses, dairy & pork products
By Janene Pieters, NL Times (Netherlands)
October 3, 2019
The United States is imposing import tariffs of 25 percent on a range of European products. These include cheese, pork, butter, mussels and pears from the Netherlands, according to a list published by American trade envoy Robert Lightizer on Wednesday. The tariffs take effect on October 18th.
The extensive list includes a many cheeses and dairy products that will be taxed at the high rate if they are produced in the Netherlands. A preliminary list of tariffs specifically included some of the most well-known Dutch cheeses. Edam and Gouda cheese, or any products derivative of those cheeses, were on the list of products from the Netherlands subject to a 25 percent import tax. However, the final list says only Edam and Gouda varieties produced in Germany, Spain and the U.K. will be hit with the additional tax.
Earlier this year, after Donald Trump threatened the EU with higher import tariffs, Rabobank analyst Richard Scheper said that Trump's cheese tax will likely not hurt Dutch dairy exporters. According to him, the pain will likely be felt more by American individuals than by Dutch businesses. Because Dutch cheese is already positioned as more of an extravagance on the American market, U.S. consumers will be willing to spend extra on items that are already considered to be expensive by comparison to more typical cheese sold in American supermarkets, he said.
On Wednesday the World Trade Organization (WTO) ruled that the United States is allowed to introduce import duties on 7.5 billion euros of European products, NOS reports. The WTO concluded that aircraft manufacturer Airbus received illegal state aid from various European Union member states, resulting in the United States suffering damages. Those damages may now be compensated by means of import tariffs.
The EU and the US have been fighting about support for large aircraft manufacturers since 2004. The EU argues that the Americans also gave state aid to their aircraft manufacturer Boeing. A definite ruling on this case by the WTO is expected next year.
In a written response, EU Trade Commissioner Cecilia Malmström said that the European Union wanted to get through this with the United States in an honest way. But if the US decides to introduce import duties, then according to Malmström, the EU has no choice but to do the same...
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U.S. hits Scotch whisky, Italian cheese, French wine with 25% tariffs
David Shepardson & David Lawder, Reuters
October 2, 2019
WASHINGTON (Reuters) - The Trump administration slapped 25% tariffs on French wine, Italian cheese and single-malt Scotch whisky — but spared Italian wine, pasta and olive oil — in retaliation for European Union subsidies on large aircraft.
The U.S. Trade Representative’s Office released a list of hundreds of European products that will get new tariffs, including cookies, salami, butter and yogurt - but in many cases applied to only some EU countries, including German camera parts and blankets produced in the United Kingdom.
The list includes UK-made sweaters, pullovers, cashmere items and wool clothing, as well as olives from France and Spain, EU-produced pork sausage and other pork products other than ham, and German coffee. The new tariffs are to take effect as early as Oct. 18.
The U.S. Trade Representative’s Office said it would “continually re-evaluate these tariffs based on our discussions with the EU” and expects to enter talks in a bid to resolve the dispute.
Still some Italian foods — Parmesan Reggiano, Romano and provolone cheese — were hit with tariffs as were Italian fruits, clams and yogurt. Also getting new tariffs are German and British camera parts, industrial microwave ovens, printed books, sweet biscuits and waffles.
The main target of the U.S. tariffs is Airbus aircraft...