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On November 9, 2020, the European Commission imposed additional tariffs to a list of U.S. products following the WTO ruling against U.S. subsidies to aircraft maker Boeing.
Graphic illustrating the change in composition of U.S. agricultural shipments to the EU between 1995 - 2015.
Exports of high-value, processed food products have been a significant contributor to the strongest five-year period for agricultural exports in U.S. history.
The ability of U.S. agricultural and food exporters to penetrate the growing EU market is constrained by tariff and non-tariff trade barriers and increased global competition.