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US Offers Olive Branch on Retaliatory Tariffs in EU Airbus Dispute

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

Instead of hiking the tariff rate on European Union goods as it has threatened to do, the U.S. has instead opted to adjust the items that would be taxed. The U.S. currently enforces tariffs on $7.5 billion worth of goods from the EU and the U.K. as a result of a World Trade Organization (WTO)…

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