The EU said Monday it is pushing ahead with tariffs against the US as part of the long-running Boeing-Airbus row, despite hope for a trade truce with Joe Biden’s election. The decision is the latest twist in the 16-year trade battle over aircraft subsidies that turned increasingly sour under the protectionist instincts of US President Donald Trump. Some had suggested Europe might delay the tit-for-tat levies with the victory of Biden, who will replace Trump in January and is seen as more sympathetic to Europe and more of a multilateralist. “The US has imposed tariffs following the WTO ruling in the Airbus case,” said the EU’s top trade official, Valdis Dombrovskis ahead of a virtual EU trade ministers meeting. “Now, we have a WTO ruling also in our Boeing case, allowing us to impose our tariffs and that’s what we are doing,” EU executive vice president Dombrovskis said.
Published in The Express Tribune, November 10th, 2020.
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