U.S. Wheat Industry Welcomes End to U.S.-EU Aircraft Trade Dispute
Under the dispute, the EU placed retaliatory tariffs on non-durum U.S. wheat, which effectively blocked average annual imports of more than 538,000 metric tons of mainly U.S. hard red spring and some hard red winter wheat. Three months ago, the United States and the EU agreed to temporarily suspend all retaliatory tariffs and imports resumed almost immediately.
The agreement announced this week suspends the retaliatory tariffs for five years, pending how negotiations on aircraft subsidies go. That is welcome news for wheat farm families in the Northern and Central Plains.
For more information, visit www.uswheat.org.
Source: National Association of Wheat Growers & U.S. Wheat Associates