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Senators Requesting Removal of EU Food and Liquor Tariffs

08/12/2020

In October 2019, the U.S. imposed a 25 percent tariff on wine, food and spirits imported from the EU.  This action was taken in accordance with World Trade Organization (WTO) authorization to impose tariffs up to $7.5 billion of EU goods.  The WTO decision followed a 16-year dispute over subsidies for the Airbus Company.

 

Predictably the EU retaliated with imposition of tariffs on U.S. whiskey.

 

A bipartisan group of Senators have addressed a letter to the office of the U.S. Trade Advisor requesting a review and rescission of the tariffs.

 

Tariffs seldom solve trade imbalances and are not a substitute for diplomacy.  Tariffs work both ways and are mutually destructive.