US to impose tariffs on $7.5 billion of EU exports in Airbus row
R Sinduja
News Editor
Image Credit: shortpedia
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.
