6 days ago | By RT
Washington has threatened to impose new tariffs on trade with the European Union after the World Trade Organization ruled that the EU had not complied with an order to halt illegal subsidies to airplane manufacturer Airbus.
The US trade representative slammed the ongoing subsidies as “massive EU corporate welfare” following the WTO's decision on Monday and insisted that American and European companies must compete on a “level playing field.”
“Strong action is needed to convince the EU that its interests lie in eliminating these market-distorting subsidies now and in the future so that our...
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6 days ago | By Stl Today
GENEVA - A World Trade Organization panel ruled Monday that the European Union has not complied with an order to end illegal subsidies for plane-maker Airbus, which prompted the Trump administration to impose tariffs on nearly $7.5 billion worth...
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6 days ago | By Reuters
The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus , prompting the United States to say it could increase retaliatory tariffs on a wider range of European goods.
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