Markets and trade
 

Detail

Area
European Union
Commodity Group
Oilseeds, oils and meals
Commodity
Select oilcrops and oilcrop products
Date
01/03/2021
Policy Category
Trade
Policy Instrument
Trade differences
Description
In a bid to allow both sides to focus on resolving the long-running Airbus-Boeing dispute, the EU and the United States agreed to suspend, for an initial period of four months, the retaliatory import tariffs imposed on each other’s exports starting in October 2019. The suspended measures include additional import duties on select oilcrops and oilcrop products tariff lines.
Notes
Bilateral trade dispute – European Union / United States of America: In March, in a bid to allow both sides to focus on resolving the long-running Airbus-Boeing dispute, the EU and the USA agreed to suspend, for an initial period of four months, the retaliatory import tariffs imposed on each other’s exports (see MPPU Jan.’21 & Sep.’20). The suspended measures include additional import duties on selected oilcrops and oilcrop products tariff lines.