Alabama aerospace workers won an unexpected reprieve from escalating trade tensi...
WASHINGTON/LONDON - Alabama aerospace workers won an unexpected reprieve from escalating trade tensions on Wednesday when the United States spared an Airbus AIR.Pa plant in the state from the impact of tariffs against the European planemaker - at least for now.
That means large parts shipped to the deep-sea Alabama port of Mobile from plants in Europe will not be hit by the duties, allowing Airbus to continue to supply U.S.-based airlines with a limited number of locally assembled aircraft. Mobile city leaders and Alabama lawmakers had lobbied hard for exemptions from the tariffs, arguing they could jeopardize some 1,000 jobs.
The United States said on Wednesday it expected the European Union to enter negotiations but stressed it also had authority to increase the tariffs or alter the products affected.Also spared by the decision to exempt imported aircraft parts were wings made in Northern Ireland for smaller Airbus A220 aircraft, which had been drawn into a separate row in 2017.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trump set to hit EU with tariffs on $7.5B of goods after Airbus ruling
Read more »
Trump wins WTO Airbus ruling, opening door for European tariffsTrump had been looking to hit the EU with tariffs on aircraft parts and luxury goods due to a dispute that subsidies were given to Airbus and Boeing.
Read more »
U.S. Can Levy Tariffs on EU Exports Over Airbus, WTO SaysThe U.S. is entitled to levy tariffs on $7.5 billion of exports from the European Union over the bloc’s subsidies to Airbus, the World Trade Organization said, potentially opening up a new front in the Trump administration’s global trade fight.
Read more »
WTO to back U.S. tariffs on Europe in clash over Airbus subsidiesThe World Trade Organization was poised on Wednesday to open the door to hefty U...
Read more »
US gets the OK to hit Europe with tariffs over AirbusThe United States has been given the green light to impose tariffs on $7.5 billion worth of European exports, a move that could spark a damaging transatlantic trade war.
Read more »
U.S. wins backing for tariffs on Europe in Airbus clashThe United States won approval on Wednesday to slap import tariffs on $7.5 billi...
Read more »