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Proposed Section 301 Duty To Be Implemented October 18, 2019

Proposed Section 301 Duty To Be Implemented October 18, 2019

On October 2, 2019, the World Trade Organization Arbitrator (WTO) issued their decision to allow the U.S. to proceed with $7.5 billion in Section 301 duties against the EU for its failure to comply with a previously issued WTO ruling on Airbus subsidies.

Final approval of the U.S. countermeasures is expected on October 14, 2019, with implementation scheduled for October 18. The list of affected articles covers more than 150 goods that will receive an additional 25% duty, as well as aircraft from France, Germany, Spain, and the UK that will receive an additional 10%.

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