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Monday, August 3, 2020

Push Continues on Removing US Sanctions on EU Food, Ag Goods

A bipartisan coalition of House members have written to U.S. Trade Representative Robert Lighthizer to urge removal of retaliatory tariffs on European Union (EU) food and ag products imported into the country.

The tariffs are linked to the long-running dispute between the U.S. and EU over subsidies given to Airbus in the form of low interest rates. The World Trade Organization ruled the situation with Airbus ran counter to world trade rules. While the EU insists they have met the terms of the WTO ruling, the U.S. is able to hit EU goods with retaliatory tariffs.

The U.S. has threatened additional EU goods with tariffs, but the August deadline is approaching and it is not clear the U.S. will hold off expanding the tariffs too long.

And while lawmakers praise Lighthizer for his get-tough stance on the EU/Airbus issue, they add, “We hope you will update the United States' approach in this case to eliminate unintended hardships for Americans trying to make ends meet and small businesses seeking to recover.”