The European Association of the Chocolate, Biscuits, and Confectionery voiced its concern that the new US tariffs on EU goods as part of an aircraft subsidy dispute could lead to the European products losing their major overseas market and becoming uncompetitive, Muriel Korter, the association’s economic affairs director, said.
“The American market is one of our main export markets. … In 2018, CAOBISCO exported to the United States some 386,170 tonnes of products (chocolate, biscuits, and confectionery). This represents more than 16% of our total exports. This is of course very bad news if the US walk the talk and impose those tariffs that would make European products uncompetitive”, Korter said.
Continue reading https://sptnkne.ws/CNT8