Area
European Union
Commodity Group
Milk and dairy products
Commodity
Dairy products
Date
05/03/2021
Policy Category
Trade
Policy Instrument
Tariff
Description
Suspended all tariffs related to agriculture, including dairy products, linked to the Airbus and Boeing trade disputes with the United States for four months in order to allow both parties to concentrate on resolving the ongoing trade dispute. US tariffs were introduced in October 2019 when the EU failed to end subsidies for Airbus. Since then, the United States has applied an additional 25 percent duty on a wide range of EU dairy products, mainly cheese and butter. In November 2020, the EU increased tariffs on US cheese by 25 percent.
