The United States has been given the green light to impose tariffs on $7.5 billion worth of European exports, a move that could spark a damaging transatlantic trade war.
London
The World Trade Organization ruled that the United States could target goods from EU nations because the bloc had failed to comply with an earlier ruling regarding government subsidies for Airbus . It's the latest twist in a long-running dispute over support provided by European and US governments for the world's biggest airplane manufacturers.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WTO to back U.S. tariffs on Europe in clash over Airbus subsidiesThe World Trade Organization was poised on Wednesday to open the door to hefty U...
Read more »
U.S. wins backing for tariffs on Europe in Airbus clashThe United States won approval on Wednesday to slap import tariffs on $7.5 billi...
Read more »
U.S. Can Levy Tariffs on EU Exports Over Airbus, WTO SaysThe U.S. is entitled to levy tariffs on $7.5 billion of exports from the European Union over the bloc’s subsidies to Airbus, the World Trade Organization said, potentially opening up a new front in the Trump administration’s global trade fight.
Read more »
EU trade official says Europe 'must stand up for itself' in aircraft subsidy fight with USThe European Union's next chief of trade policy said the United States is not yet 'in a position' to engage on proposals to end aircraft subsidies.
Read more »
Family outraged after a Universal character made 'OK' symbol on 6-year-old's shoulderA family is shaken and looking for answers after they say a Universal Orlando actor displayed a hateful gesture in a vacation photo and video.
Read more »