EU Prepares for Potential Retaliatory Tariffs Targeting Transatlantic Trade

On October 13, 2020, the World Trade Organization (WTO) issued its latest ruling in the longstanding Boeing-Airbus dispute, granting the EU the authority to impose compensatory tariffs totaling up to US$4 billion on US goods in response to allegedly illegal subsidies provided to Boeing. Once again, US exporting companies find themselves in the crosshairs, as EU officials prepare for potential retaliatory tariffs targeting transatlantic trade.
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