01/04/25 (Agence Europe) – The European Parliament has adopted the European Commission’s proposal for a regulation adjusting the customs duties on certain US imports, imposed following a dispute at the World Trade Organization (WTO) in 2004. At that time, the WTO declared a US subsidy scheme (CDSOA) illegal and authorised the EU to impose tariffs in return. Since that date, the Europeans have applied tariffs of up to 72% of the CDSOA amount. However, this US subsidy is virtually non-existent at present, and the European retaliatory measures authorised in 2024 amounted to just $35. The Commission has therefore proposed setting a threshold of $30,000 for US payments, below which the EU will not retaliate. This means that the Commission does not have to adjust its tariffs unnecessarily on a regular basis. To see the text: https://aeur.eu/f/g7f (LM)