October 2, 2019 / 2:04 PM / 18 days ago

WTO awards U.S. right to hit 7.5 bln of EU goods over Airbus subsidies

GENEVA, Oct 2 (Reuters) - The World Trade Organization ruled on Wednesday that the United States could target $7.5 billion of imports from the European Union over illegal subsidies for planemaker Airbus.

Washington has drawn up a preliminary list of goods that it plans to hit with tariffs of up to 100% ranging from planes to luxury goods. (Reporting by Stephanie Nebehay; Writing by Philip Blenkinsop; Editing by Tim Hepher)

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