U.S. Announces Section 301 Tariffs on Certain Products from EU Countries

The U.S. Trade Representative (USTR) announced new Section 301 tariffs, or duties, on specific European Union (EU) products, effective October 18, 2019. This announcement is a result of the World Trade Organization’s (WTO) decision to award the U.S. $7.5 billion in trade countermeasures against the EU for subsidies provided to Airbus. In response, the U.S….