In retaliation for the E.U. illegally subsidizing its large civil aircraft manufacturer, the Trump administration announced that tariffs on certain European-origin imports will begin October 18, 2019. Certain aircraft will be subject to 10% duties while the rest of the products on USTR’s list will be subject to 25% duties. Please click on this link to access the list of products affected by the increase:
Some of the food products that are affected by the increase are olives, cheeses and other dairy products, fruit, coffee, shellfish, metal tools, textiles, etc.
We will continue to monitor and send updates on the development of the imposition of the additional tariffs.
Flegenheimer Team
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