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EU preliminary list of U.S. products considered for countermeasures

EU list of U.S. products considered for countermeasures

The European Commission today launched a public consultation with regard to a preliminary list of products from the United States on which the European Union may take countermeasures under an ongoing aircraft-related dispute at the World Trade Organization (WTO). The public consultation is open until 31 May 2019.

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Read the preliminary list of U.S. products [PDF 56 KB] being considered by the EU for countermeasures.

The WTO last week adopted its final compliance report in the dispute, confirming that U.S. subsidies to a U.S. aircraft manufacturer continue to cause “significant harm” to an EU aircraft manufacturer including lost sales. Today's action is a follow-up to that decision. As noted in today’s EC release, the list of U.S. products covers a range of items—from aircrafts to chemicals and agri-food products (ranging from frozen fish and citrus fruits to ketchup)—that together represent approximately U.S. $20 billion of U.S. exports into the European Union.

Background

The WTO Dispute Settlement Body on 11 April 2019 adopted reports that the United States had not taken appropriate action to comply with the WTO rules on subsidies, but that the United States has continued its “illegal support” of its aircraft manufacturer to the detriment of the European aerospace industry and EU workers.

The Office of the United States Trade Representative (USTR) last week announced that it has started a process under Section 301 of the Trade Act of 1974 to identify products of the EU for which additional duties may be applied in a similar dispute, until the EU removes subsidies to the European aircraft manufacturer that the WTO found caused adverse effects to the U.S. industry. Read TradeNewsFlash


For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:

Doug Zuvich
Partner and Global Practice Leader
T: 312-665-1022
E: dzuvich@kpmg.com

John L. McLoughlin
Principal and East Coast Leader
T: 267-256-2614
E: jlmcloughlin@kpmg.com

Andy Siciliano
Partner and National Practice Leader
T: 631-425-6057
E: asiciliano@kpmg.com

Luis (Lou) Abad
Principal, Washington National Tax
T: 212-954-3094
E: labad@kpmg.com

Irina Vaysfeld
Principal
T: 212-872-2973
E: ivaysfeld@kpmg.com

Amie Ahanchian
Managing Director
T: 202-533-3247
E: aahanchian@kpmg.com

Robert Waldrop
Principal
T: 212-954-8117
E: rwaldrop@kpmg.com

Gisele Belotto
Managing Director
T: 305-913-2779
E: gbelotto@kpmg.com

Christopher Young
Principal
T: 312-665-3229
E: christopheryoung@kpmg.com

Andy Doornaert
Managing Director
T: 313-230-3080
E: adoornaert@kpmg.com

George Zaharatos
Principal
T: 404-222-3292
E: gzaharatos@kpmg.com

Jessica Libby
Managing Director
T: 612-305-5533
E: jlibby@kpmg.com

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