Tag Archives: civilian aircraft

Rates for Wine, Food from Europe for the Current Stay, said the US | Instant News

WASHINGTON – The Biden government has said it will not end tariffs on European wine, cheese and other food imports any time soon – upsetting industry groups who say the levy is hurting US restaurants and consumers.

The US Trade Representative’s Office said on Friday that there was no need for now to suspend levies, which the Trump administration imposed as part of a long-running dispute with the European Union over subsidies for commercial aircraft.

In a regulatory filing, the USTR said it would “continue to consider the actions taken in the investigation,” referring to a 17-year-old dispute about how the government is subsidizing Boeing Co. and Airbus SE. The Biden administration said it was reviewing tariffs and other major trade policy measures adopted by the previous administration.

Under the Trump administration, the dispute has turned into a tariff fight that has ensnared a food and beverage industry unrelated to aircraft manufacturing. Washington imposed tariffs on $ 7.5 billion worth of European wine and food such as cheese and olives by the end of 2019.

The European Union retaliated with levies on US whiskey, nuts and tobacco worth an estimated $ 4.5 billion. The US increased sanctions on December 31 with additional tariffs, putting nearly all wine imports from France and Germany below 25%.


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More Wine Tariffs Applied in France and Germany by the US | Instant News

WASHINGTON – The Trump administration has said it will target more French and German wines and spirits at 25% tariffs starting January 12, in the latest escalation in a tit-for-tat tariff war related to a long-running dispute over subsidies for commercial jet airliners.

Among the new levies, the US will for the first time impose a 25% levy on wine from France and Germany in excess of the 14% alcohol it had previously exempted, according to the Office of the US Trade Representative.

The US has seen this surge in high alcoholic wines, typically from Spain and France, after wine with alcohol of 14% or less the tariff is charged last year.

“Especially with what is happening in light of the pandemic, with the closure of restaurants and refineries, this is not the right time to enter an industry that is already facing economic impact,” Christine LoCascio, head of public policy for the US Council’s Distilled Spirits, said Thursday.

Washington imposed a 25% tariff on wines from France, Spain, Germany and the UK in October 2019 in retaliation for subsidies they made to European aircraft manufacturers.


SE, arguing they were hurt

Boeing Together.

Other items that will be subject to the new tariffs are premium cognacs priced at $ 38 per liter and up, and some aircraft-building parts, both from France and Germany. High alcoholic wines from Spain and England are not added to the latest list.

USTR said in its regulatory filing that the additional tariffs targeted products from France and Germany because the two countries had provided the largest levels of subsidies that were incompatible with WTO rules.

The US and EU have long been at odds over what each claims are unfair government subsidies to commercial aircraft manufacturers: Airbus in Europe and Boeing in the US

A battle has recently occurred over tit-for-tat tariffs on consumer products.

“These tariffs are destroying US restaurants and small businesses at the worst of times.”

– Ben Aneff, US Wine Trade Alliance

In October 2019, the US imposed tariffs on $ 7.5 billion worth of products for wine, cheese and other products from Europe. In retaliation, the European Union announced tariffs last month on $ 4 billion worth of US products, including Boeing jets, alcoholic beverages, and tobacco.

USTR said Wednesday in a press release that the latest additions to its tariff list came as the US made adjustments after the two sides used different reference periods for trade data to determine which products the tariffs would cover.

USTR said that while the US used data for the previous calendar year, the EU was using a period in which trade was drastically reduced due to the Covid-19 pandemic.

That allows Europe to impose tariffs on “substantially more product” than it could do under the calendar year method, the USTR said. After the EU refused to change its approach, USTR said it decided to change its own reference period and add more products. The additions will not change the total value of the $ 7.5 billion worth of products subject to tariffs, USTR said.

An EU spokesman said the choice of reference period for EU tariff measures was based on the latest available trade data in line with long-standing WTO practices. The spokesman said Washington was “unilaterally disrupting” ongoing bilateral negotiations to find a resolution to the plane dispute.

“The European Union will engage with the new US administration as soon as possible to continue these negotiations and find a lasting solution to the dispute,” he said.

The escalation in the tariff fight highlights challenges in trade relations between the US and the EU, even as European officials call for improving ties under the upcoming administration. The digital tax imposed on US technology companies by France has been a significant cause of tension. European Union signing of an investment agreement with China This week has attracted attention among US trade officials as they seek European cooperation against China.

The tariff impact is very significant. Wine imports from France fell 54% in the first five months of 2020 from a year earlier, while those from Germany fell 42%, according to the US Wine Trade Alliance.

“These tariffs are destroying US restaurants and small businesses at the worst of times,” Ben Aneff, group president. “This underscores how important it is for President-elect Biden to immediately lift restaurant tariffs, and find ways to more effectively influence the EU while reducing damage to businesses at home.”

Write to Yuka Hayashi on [email protected]

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Boeing Wants to Calm Your Fear About Air Travel in the Covid-19 World | Instant News

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Photo by Andrew Vaballero-Reynolds / AFP via Getty Images

launching the Confident Traveler Initiative to build consumer confidence about boarding a plane. That means, in part, the flying public will learn a lot about a topic they never knew about they cared about: air circulation in the aircraft cabin.
Boeing (ticker: BA) last week was named Mike Delaney, vice president of digital transformation at Boeing Commercial Airplanes, to lead the initiative. His work: To “minimize the health risks of air travel” in the Covid-19 world.
This is a big job. Airlines, airport operators and aviation regulators seek to set standards for the commercial air travel industry. Issues such as how and where to filter passenger temperatures – as well as what chemicals are acceptable for cleaning aircraft interiors – are all ready for debate.
The thief’s consensus among stakeholders feels scary. Part of Delaney’s work will be difficult. But he will also be tasked with educating the flying public about the technology that is part of every Boeing jet. Part of the job might be a little easier.

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All modern airplanes, for example, are equipped with high efficiency particulate air filters, or HEPA, which are 99.9% effective in removing particles, including viruses. And a lot of outside air passes through the filter, Jim Haas, Boeing’s commercial product development director, explained to Barron.

Haas is confident in cabin air quality. He has three points. First, the air entering the cabin is clean, from outside the jet and filtered. Second, the air flows vertically from the trash can to the floor. Air does not move from front to back – which, he said, limits the spread of airborne particles around the cabin. Third, the air inside the cabin is completely new, exchanged with the outside air, every two to three minutes.
Of course, he understands and advocates for better health measures. Masks, more hand washing, and more sanitation between flights will be a necessity for air travel in the future. What’s more, passengers might come equipped with their own disinfecting wipes to scrub the trays, seat belts, and armrests.
How quickly people will return to the plane is still a hot debate. Wall Street has not seen traffic return to the 2019 level for years. Industry insiders also predict a long road to recovery. Vertical Research Partners analyst Rob Stallard noted in a research report Thursday the International Air Transport Association, or IATA, predicting international travel would not reach levels 2019 until 2023 or 2024.
Nobody, it seems, expects quick recovery on the way. IATA head Alexandre de Juniac noted in a recent media briefing that many countries still have a two-week quarantine mandate for anyone entering from abroad. Fourteen days in a hotel room will destroy the desire for an international vacation. A more travel-friendly system needs to be worked on.
No one knows what the recovery will be like. And there are still many questions. But expanded health measures and consumer education can only help.
All the uncertainties – and the locking of Covid-19, and the remaining concerns about the safety of its 737 MAX jets – have hit Boeing stock. Stocks are down about 64% this year, far behind
Dow Jones Industrial Average
S&P 500.

Write to Al Root at [email protected]


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