U.S. Threatens More Tariffs Over Airbus Dispute

Earlier in the year, the United States won a key ruling against the European Union over unfair subsidies being given to Airbus. The World Trade Organization had ruled that the United States can go ahead and target the European Union with billions of dollars of punitive tariffs over a dispute alleging that subsidized loans for the Airbus A380 and A350 development were considered illegal assistance from European governments to Airbus. The Office of the United States Trade Representative had prepared…