Request for Suspension of Tariffs
WSSA and 72 trade associations have signed off on a letter requesting a suspension of retaliatory tariffs on all products subject to tariffs due to the WTO Airbus and Boeing cases, both in the USA and Europe. The letter reiterates the economic harm caused by the tariffs and urges President Biden and the European Commission President von der Leyen to take action to suspend tariffs and “re-establish a cooperative Trans Atlantic trading relationship."
The letter and press release were issued earlier this morning. We hope that this request will be taken into consideration and result in an outcome that will be beneficial to the beverage alcohol import and export community currently hit with 25% duties on many products.
As always, we will keep you posted as to any changes. Should you need any other information on this situation, please let us know.