Tag: tariff

EU threatens escalation in tariff fight over Boeing and Airbus subsidies

Image copyright Getty Images The EU has threatened to escalate a 15-year row with the US over aircraft subsidies for Airbus and Boeing unless Washington agrees to a settlement. The EU and US have accused each other of propping up their home aviation markets with tax breaks, research grants and other aid. Europe’s trade commissioner said Washington has rejected moves… Read more →

Mirrors and shears prices set to fall in Brexit tariff plan

Image copyright Getty Images Baking powder, garden shears and mirrors are among the items set to get cheaper from 1 January under new tariff plans announced by the government. The Department for International Trade said the new UK Global Tariff is a simpler, more liberal scheme which “backs consumers and business”. Following its departure from the European Union, the UK… Read more →