The World Trade Organization (WTO) has given the U.S. the green light to impose tariffs on European goods worth $7.5 billion annually after having found illegal subsidies for Airbus in the DS316 dispute settlement case. The conflict centers on how civil aircraft development can be supported by governments. The U.S. complaint is focused on reimbursable government loans Airbus benefitted from as it developed new models. The European counterclaim is mainly about tax breaks for Boeing, many ...

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