US-EU Boeing/Airbus Tariff Suspension

The suspension of the retaliatory tariffs in place since decisions on the WTO cases involving Airbus and Boeing is now official! We are now awaiting the publication in the Federal Register and adjustments by CBP/US Customs system to effectively process the affected imports without the 25% duty. We will send another update as soon as these details are published. This is much needed good news for importers and exporters in a time of great difficulty due to both pandemic issues and the global shipping meltdown.  

Please see the link to the announcement from the White House here.