An informed British official said on Friday that when Britain completes its Brexit at the end of the year, it will continue to impose retaliatory tariffs on the Boeing subsidy case.
Although the United Kingdom has withdrawn from the European Union on January 31, the United Kingdom joined the European Union earlier this month to impose tariffs on US$4 billion in goods under a transitional arrangement with the European Union. This transitional arrangement will expire at the end of the year.
The official told reporters that technically, this means that the UK does not have to implement EU trade solutions, but the UK is taking steps to continue this tariff until Boeing’s 16-year subsidy dispute comes to an end.
“Regardless of whether we will reach a further trade agreement with the EU in the next few days or weeks, we will exit the transitional period on December 31 and will no longer be bound by the EU trade settlement. We will need to persist. The right to do it yourself,” the official said. He was not authorized to speak publicly. “Yes, we are ready to do this.”
Before U.S. President Trump resigned on January 20, the United Kingdom and the European Union were still trying to resolve their disputes, believing that the two sides will face increasing competition from China, Brazil and even Canada in the next few years.
