The EU unveils a list of retaliatory tariffs against the US, targeting products such as US aircraft.
Brussels, May 8 (Xinhua) - The European Union announced an anti - retaliatory tariff list against the United States on the 8th, indicating that if the EU - US trade negotiations break down, the EU plans to impose retaliatory tariffs on US - made civil aircraft, automobiles, medical devices, and even agricultural products and alcoholic beverages exported to the EU.
The European Commission said in a statement on the same day that if the ongoing EU - US trade negotiations end without results and the tariffs imposed by the United States are not revoked, the EU will impose retaliatory tariffs on US products worth 95 billion euros exported to the EU. From now until June 10 this year, the EU will seek public comments on the anti - retaliatory list.
The list shows that the EU plans to impose retaliatory tariffs on US - made civil aircraft, passenger cars, medical devices, chemicals, plastic products, agricultural products, etc. exported to the EU. Alcoholic beverages such as American bourbon whiskey, which were previously removed from the anti - retaliatory list, are also "on the list" and may be subject to retaliatory tariffs imposed by the EU.
The statement said that the EU is also preparing to request consultations with the World Trade Organization regarding the so - called "reciprocal tariffs" and automobile tariffs imposed by the United States, believing that these tariffs blatantly violate the basic principles of the WTO. The EU's goal is to reaffirm the importance of international trade rules, "and no WTO member, including the United States, can unilaterally ignore these rules." (China News Service)
