Key Takeaways
- EU imposed retaliatory tariffs on $2.8 billion worth of US imports starting July 22, 2018, targeting products like bourbon whiskey and motorcycles
- On June 22, 2018, EU approved a list of US products for 25% tariffs in response to US steel and aluminum duties
- EU suspended retaliatory tariffs on US goods from November 2021 after WTO ruling on Boeing subsidies
- EU tariffs on US motorcycles valued at €260 million annually targeted
- Bourbon whiskey from US facing 25% EU tariffs, imports worth €210 million in 2017
- US peanut butter exports to EU hit by tariffs, volume 1,200 tonnes annually
- 25% tariff rate applied to all initial list of US goods in July 2018
- 10% additional duty on US aircraft in Boeing case, later increased to 15%
- 25% duties on US steel and aluminum derivatives
- EU retaliatory tariffs reduced US exports to EU by 15% in affected sectors in 2019
- Harley-Davidson relocated production costing $100M due to EU 25% tariffs
- EU tariffs led to $300M annual loss for US whiskey producers
- EU won WTO case DS548 authorizing $4B tariffs on US
- US steel tariffs ruled WTO inconsistent, basis for EU retaliation DS548
- Airbus subsidies case DS316 led to EU Boeing tariffs authorization
EU imposed $2.8B tariffs on US goods like bourbon, motorcycles in 2018.
Economic and Trade Impacts
- EU retaliatory tariffs reduced US exports to EU by 15% in affected sectors in 2019
- Harley-Davidson relocated production costing $100M due to EU 25% tariffs
- EU tariffs led to $300M annual loss for US whiskey producers
- US agricultural exports to EU fell 12% or $1.2B in 2019 partly due to tariffs
- Boeing estimated $1B+ annual revenue hit from EU 15% tariffs
- EU consumer prices for US bourbon rose 20-25% post-tariffs
- US-EU trade deficit widened by 5% in 2018 amid tariff spat
- 20,000 US jobs at risk from EU retaliatory tariffs per USTR estimate
- EU imports from US dropped 4.5% in tariffed goods in 2019
- Kentucky bourbon exports to EU down 10% in volume post-2018 tariffs
- Overall US exports to EU fell $16B in 2019, 7% decline linked to tariffs
Economic and Trade Impacts Interpretation
Legal and Dispute Outcomes
- EU won WTO case DS548 authorizing $4B tariffs on US
- US steel tariffs ruled WTO inconsistent, basis for EU retaliation DS548
- Airbus subsidies case DS316 led to EU Boeing tariffs authorization
- EU-US truce in December 2023 suspended tariffs under Steel Agreement
- WTO panel ruled US cotton subsidies illegal, enabling EU countermeasures
- Boeing dispute DS487 authorized EU $4B retaliation confirmed 2020
- EU measures complied with WTO Article 22.3 suspension rules
- US appealed WTO ruling on steel tariffs, blocking compliance
- Airbus-Boeing truce signed June 2021, suspending tariffs for 5 years
- EU notified WTO of countermeasures on 22 June 2018 under DS548
- WTO arbitration confirmed $4B level for Boeing tariffs
- EU removed some products from tariff list in 2022 per rebalancing
Legal and Dispute Outcomes Interpretation
Targeted Products and Volumes
- EU tariffs on US motorcycles valued at €260 million annually targeted
- Bourbon whiskey from US facing 25% EU tariffs, imports worth €210 million in 2017
- US peanut butter exports to EU hit by tariffs, volume 1,200 tonnes annually
- Levi's jeans and other apparel, €110 million US exports affected
- US cranberries and orange juice targeted, €70 million value
- Playing cards from US, €15 million imports, under 25% tariff
- US tobacco products €370 million exports to EU tariffed
- Yachts and boats over 7.5m from US, €100 million affected
- US steel pipes and tubes, 25% duty on €100 million imports
- Boeing aircraft 15% tariff, affecting 50+ planes annually valued $4B
- US cotton, retaliatory duties on €170 million
- Corn and sweeteners from US, €50 million targeted
- US chemical products like plastics, €200 million under tariffs
- Seafood products from US, €30 million annual imports hit
Targeted Products and Volumes Interpretation
Tariff Implementation Dates and Announcements
- EU imposed retaliatory tariffs on $2.8 billion worth of US imports starting July 22, 2018, targeting products like bourbon whiskey and motorcycles
- On June 22, 2018, EU approved a list of US products for 25% tariffs in response to US steel and aluminum duties
- EU suspended retaliatory tariffs on US goods from November 2021 after WTO ruling on Boeing subsidies
- EU announced additional tariffs on $4 billion US goods on November 9, 2020, due to Boeing dispute
- Retaliatory tariffs entered into force on January 15, 2021, covering 15 product categories from US
- EU extended suspension of steel/aluminum retaliatory tariffs until March 31, 2025, announced December 2023
- Initial EU tariff list published on June 20, 2018, covering 550 HS codes
- EU retaliatory measures against US cotton subsidies announced March 2019
- Tariffs on US aircraft imposed October 9, 2019, following WTO Airbus ruling
- EU updated tariff list on July 16, 2018, increasing value to EUR 2.8 billion
- Suspension of Airbus-related tariffs agreed July 2021 for 5 years
- EU imposed duties on USD 4 billion US exports on November 10, 2020
- Retaliatory tariffs on US steel products suspended from January 2022
- EU published regulation for tariffs on March 4, 2019, for cotton case
- Boeing tariffs phased in from March 2021 after delay
- Initial announcement of countermeasures on 22 March 2018
- EU imposed retaliatory tariffs on $2.8 billion worth of US imports starting July 22, 2018, targeting products like bourbon whiskey and motorcycles
- On June 22, 2018, EU approved a list of US products for 25% tariffs in response to US steel and aluminum duties
- EU suspended retaliatory tariffs on US goods from November 2021 after WTO ruling on Boeing subsidies
- EU announced additional tariffs on $4 billion US goods on November 9, 2020, due to Boeing dispute
- Retaliatory tariffs entered into force on January 15, 2021, covering 15 product categories from US
- EU extended suspension of steel/aluminum retaliatory tariffs until March 31, 2025, announced December 2023
- Initial EU tariff list published on June 20, 2018, covering 550 HS codes
- EU retaliatory measures against US cotton subsidies announced March 2019
- Tariffs on US aircraft imposed October 9, 2019, following WTO Airbus ruling
Tariff Implementation Dates and Announcements Interpretation
Tariff Rates Applied
- 25% tariff rate applied to all initial list of US goods in July 2018
- 10% additional duty on US aircraft in Boeing case, later increased to 15%
- 25% duties on US steel and aluminum derivatives
- Progressive tariffs on cotton: 10-25% over 4 years
- 15% ad valorem duty on Boeing commercial aircraft
- Standard 25% retaliatory rate on motorcycles like Harley-Davidson
- 25% on bourbon and other spirits from US
- Up to 50% tariffs authorized in Airbus dispute but set at 15-25%
- 25% on US denim and textiles
- 25% duty on US chewing gum and peanut butter
- 25% on certain US fruit juices and nuts
- Aircraft tariffs: 15% on $4B worth
- Steel tariffs at 25% reciprocal to US 25% on EU steel
Tariff Rates Applied Interpretation
Sources & References
- Reference 1ECec.europa.euVisit source
- Reference 2TRADEtrade.ec.europa.euVisit source
- Reference 3EUR-LEXeur-lex.europa.euVisit source
- Reference 4POLICYpolicy.trade.ec.europa.euVisit source
- Reference 5USTRustr.govVisit source
- Reference 6WTOwto.orgVisit source
- Reference 7REUTERSreuters.comVisit source
- Reference 8BBCbbc.comVisit source
- Reference 9THEGUARDIANtheguardian.comVisit source
- Reference 10PIIEpiie.comVisit source
- Reference 11NYTIMESnytimes.comVisit source
- Reference 12CNBCcnbc.comVisit source
- Reference 13ERSers.usda.govVisit source
- Reference 14BLOOMBERGbloomberg.comVisit source
- Reference 15FTft.comVisit source
- Reference 16CSIScsis.orgVisit source
- Reference 17DISTILLEDSPIRITSdistilledspirits.orgVisit source
- Reference 18BEAbea.govVisit source
- Reference 19DOCSdocs.wto.orgVisit source






