EU goods to be hit by US tariffs, including Irish Cheese, Butter and Drink

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EU goods to be hit by US tariffs, including Irish Cheese, Butter and Drink
EU goods to be hit by US tariffs, including Irish Cheese, Butter and Drink

According to RTE – A range of goods from the EU are to be hit with new US tariffs including Irish butter, cheese, liqueurs and pork products.

Irish whiskey made in Northern Ireland is on the list of products but Irish whiskey made in the Republic of Ireland appears to have been spared.

The new tariffs will take effect from 18 October and are likely to hit well-known Irish brands such as Baileys and Kerrygold.

The US Trade Representative’s Office released the list of hundreds of European products that will be subjected to new 25% tariffs in retaliation for EU aircraft subsidies.

The World Trade Organization authorised the US to impose duties on $7.5bn worth of European goods after it decided that the EU failed to end subsidies for Airbus.

“For years, Europe has been providing massive subsidies to Airbus that have seriously injured the US aerospace industry and our workers,” US Trade Representative Robert Lighthizer said.

“Finally, after 15 years of litigation, the WTO has confirmed that the United States is entitled to impose counter measures in response to the EU’s illegal subsidies.”

US President Donald Trump told reporters at the White House that the WTO ruling was a “big win for the United States”.

The EU is pushing for tariffs of around $10 billion on American goods in a parallel process to be decided by the WTO early next year.

Read More: https://www.rte.ie/news/2019/1003/1080779-us-tariffs/