US to impose tariffs on $7.5 billion of EU exports in Airbus row
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The US imposes tariffs on $7.5 billion of goods it imports from the EU. The WTO's ruling could mean tariffs on EU goods ranging from aircraft parts to luxury goods & shellfish. Brussels has threatened to retaliate similarly against US products. It's the latest row in a 15-year battle between the US & EU over illegal subsidiaries for planemakers Airbus & Boeing. The European Commission proposed tariffs on $20 bn of US goods.