On February 11, 2021, the Biden Administration decided not to increase tariffs against the European Union. In a Federal Register notice released today (Feb 12th), the Administration announced that “The U.S. Trade Representative together with the affected United States industry have agreed that it is unnecessary at this time to revise the action in the Section 301 investigation involving the enforcement of U.S. rights in the World Trade Organization (WTO) dispute involving Large Civil Aircraft subsidies provided by certain current or former member States of the European Union.”
For more information on the U.S.-EU aircraft subsidy dispute and related tariffs please contact John Brew, Frances P. Hadfield, Spencer Toubia, Edward Goetz & Clayton Kaier or refer to our previous posts below:
US Allows Tariffs On $7.5B Of EU Goods | International Trade Law (cmtradelaw.com)