Register / Sign in

International

07/10/2019

The motorcycle industry in the UK appears so far to have escaped the latest trade tariffs imposed as part of the on-going dispute between the United States and the European Union. The dispute centres on US accusations that Airbus benefited from unfair government financial support.

The World Trade Organisation (WTO) had ruled that the US could apply tariffs worth $7.497 billion annually on the UK, France, Germany, Spain (‘the Airbus nations’) and the wider EU.

The motorcycles and component sectors had been identified provisionally by US authorities for retaliatory action but a list of products subject to retaliation released at the end of last week by the United States Trade Representative (USTR) was focused on agricultural products, although that may yet change.

Meanwhile, the EU awaits a WTO ruling on alleged illegal US support for Boeing.