EU > Additional Section 301 Tariffs As Of January 12, 2021

Posted on Jan 8

01/08/21

USTR Announces Additional Section 301 EU Tariffs Beginning January 12, 2021

In retaliation to recent action by the EU in the ongoing large civil aircraft (Boeing-Airbus) dispute in the World Trade Organization, the United States Trade Representative (USTR) has announced additional products are being added to the list of EU goods subject to Section 301 tariffs.

An additional 15% duty will be assessed on aircraft parts, and an additional 25% duty will be assessed on various other goods, including certain non-sparkling wines, cognac and other grape brandies from France and Germany.

These additional duties will become effective on or after 12:01 AM EST on January 12, 2021. A copy of the full notice listing all affected products can be found here.

The ongoing large civil aircraft dispute between the United States and the European shows no immediate signs of slowing and no exclusion process has yet been implemented by the USTR in connection with this dispute.

V. Alexander will continue to monitor this ongoing issue and provide updates when needed.

Please contact your V. Alexander account team with any questions and follow us on our website www.valexander.com for updates on this and other topics.

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