US Considering Tariff Hike As WTO Faults EU Plane Subsidies

Law360 (December 2, 2019, 4:12 PM EST) -- The European Union's bid to undo U.S. tariffs on $7.5 billion worth of its goods fell short Monday as a World Trade Organization panel ruled that Brussels has failed to withdraw illegal subsidies to plane maker Airbus, prompting the U.S. to consider hiking its retaliatory duties.

President Donald Trump slapped tariffs on European aircraft as well as consumer items such as cheeses, whiskey and apparel in October after multiple WTO rulings over the course of 15 years faulted the EU for its Airbus subsidies. Brussels was hoping to stave off the duties with a favorable ruling from a WTO compliance panel....

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