EU to slap US with Boeing tariffs, but lauds Biden
The EU pushed ahead on Monday with tariffs against several US imports as part of the long-running Boeing-Airbus row, despite hope for a trade truce following Joe Biden’s election.
The decision is the latest twist in the 16-year trade battle over aircraft subsidies that turned increasingly sour under the protectionist instincts of US President Donald Trump.
Some had suggested Europe might delay the tit-for-tat levies after the victory of Biden, who is to replace Trump in January and is seen as more sympathetic to Europe and more of a multilateralist on trade.
“The US has imposed tariffs following the WTO ruling in the Airbus case,” said the EU’s top trade official, Valdis Dombrovskis ahead of a virtual EU trade ministers meeting.
