U.S. IMPOSES ADDITIONAL TARIFFS ON THE E.U. – IMPLICATIONS FOR GLOBAL SUPPLY CHAINS

The U.S. is set to impose additional tariffs of 25 percent on more than 150 goods imported from 28-member countries of the European Union and an additional 10 percent tariff on new aircraft from France, Germany, Spain, and the U.K. effective from October 18.

The announcement comes after a World Trade Organization arbiter determined that the U.S. may impose up to USD 7.5 billion (EUR 6.83 billion) annually in countermeasures against the E.U. following their failure to comply with a previous ruling against subsidies that it provided to E.U. aircraft manufacturer Airbus.  This Resilience360 Special Report takes a closer look at the sectoral impact of the U.S. tariffs and the potential countermeasures that Brussels may take if it cannot reach a negotiated settlement with Washington.

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