WTO Allows U.S. to Impose up to $7.5 Bn. in Tariffs on EU
The World Trade Organization (WTO) has officially granted the U.S. the ability to impose up to $7.5 billion in tariffs on European exports. The ruling is a result of the EU illegally providing government subsidies for large civil aircraft manufacturing to Airbus.
In a statement released by USTR, U.S. Trade Representative Robert Lighthizer said, “Accordingly, …