New U.S. tariffs on French, German aircraft parts, wines to start Tuesday

01/11/2021

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Andrea Shalal and David Lawder | Reuters

WASHINGTON (Reuters) – The U.S. government on Monday said it would begin collecting new duties on aircraft parts and other products from France and Germany from Tuesday after failing to resolve a 16-year dispute over aircraft subsidies with the European Union.

In a notice to shippers late on Monday, U.S. Customs and Border Protection said the new duties would apply from 12:01 a.m. ET (0501 GMT) on Tuesday as part of the long-running battle over government subsidies to Europe’s Airbus SE and its U.S. rival, Boeing Co.

The notice here follows an announcement by the U.S. Trade Representative’s office that it would impose an additional 15% tariff on aircraft parts, including fuselage and wing assemblies, and a 25% duty on certain wines.

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