DIT suspends tariffs on US imposed in WTO dispute
The Department for International Trade announced this week that the Government is suspending retaliatory tariffs against the US as part of the Airbus-Boeing dispute.
However, tariffs to defend the UK steel industry will continue from January 1st.
Responding to the announcement, ADS Chief Executive Paul Everitt said:
“We are disappointed the UK has chosen to take unilateral action without securing some reciprocal action to resolve this dispute. A negotiated settlement is the best way to achieve a lasting resolution and Governments in the UK, Europe and the US must work together to reach this goal.”