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WTO rules in favor of US in aircraft subsidies dispute

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President Donald Trump attends a presentation ceremony of the Medal of Valor and heroic commendations to civilians and police officers who responded to mass shootings in Dayton, Ohio and El Paso, Texas during a ceremony in the East Room of the White House in Washington, September 9, 2019.

Erin Scott | Reuters

The World Trade Organization (WTO) has backed a U.S. request to impose tariffs on $7.5 billion of European goods, potentially sparking a new trade war across the Atlantic.

Arbitrators from the WTO have granted President Donald Trump’s administration the right to levy billions against imports of European goods for what they say are illegal subsidies granted to the planemaker Airbus by…



Source cnbc.com

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