The World Trade Organization was poised on Wednesday to open the door to hefty U...
) received billions of dollars of illegal subsidies in the world’s largest corporate trade dispute, a legal marathon dating back to 2004.
The focus of nervous global financial markets will then shift to Washington where the U.S. Trade Representative is expected to move quickly to narrow down a preliminary list of goods in line for tariffs, a U.S. source said. Its next scheduled meeting is on Oct. 28, but Washington could request a special meeting 10 days after the arbiters’ report is published, suggesting an earliest possible final nod on Oct. 12.On Tuesday, the head of Irish budget airlines group Ryanair urged the United States and EU to pull back from the brink of a tariff war and said neither side’s aviation industry would survive a long dispute.
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