The World Trade Organization is expected to grant the record award after finding both Airbus and Boeing received billions in illegal subsidies.
The World Trade Organization will reportedly give the US the green light this week to slap tariffs on about $7.5 billion worth of EU goods, according to Reuters. The WTO is set to grant the record level of retaliation rights after finding European planemaker Airbus and American archrival Boeing received billions of dollars in illegal subsidies, Reuters said. The EU can retaliate against Boeing too, but it has to wait.
The World Trade Organization will reportedly give the US the green light this week to slap tariffs on about $7.5 billion worth of EU goods, according to Reuters. The WTO is set to grant the record level of retaliation rights after finding European planemaker Airbus and American archrival Boeing received billions of dollars in illegal subsidies, Reuters said. The EU can retaliate against Boeing too, but it has to wait.
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