Washington wants to hit the EU with billions in tariffs over alleged illegal state support for the European planemaker.
Two separate reports over the weekend suggest that the United States is poised to win its long-running trade dispute with EU countries over alleged subsidies for Airbus.
If confirmed, the WTO's decision would be to compensate the U.S. for what Washington has long argued are illegal subsidies enjoyed by the European plane makerBoth Politico and Reuters reported that the ruling has been made in the U.S.'s favor, meaning levies can soon be imposed on certain goods. Following the reports, Airbus shares opened sharply lower Monday. Shortly after 10:00 a.m. London time, the stock price had slipped by 3.65%.it said it would select from in an attempt to recoup the $11 billion that Washington deems as the amount incurred by U.S. firms.
In April this year, the European Commission launched a public consultation on its preliminary list of products from the United States that it would seek to hit with import tariffs.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
WTO allows U.S. to hit EU with tariffs over Airbus subsidiesThe United States has won the right to hit the EU with billions of euros in punitive tariffs by winning a dispute over subsidies to aerospace giant Airbus
Baca lebih lajut »
George Soros offers rare praise for Trump and how he's handled Huawei in the trade warIn a Wall Street Journal op-ed, liberal billionaire financier George Soros offered some rare praise of President Trump for his policies around China and Huawei.
Baca lebih lajut »
Trump knows trade wars aren't the best approach to international relations, Finland's prime minister saysBoth Washington and Beijing are aware that a trade conflict is not the best approach to international politics despite continued retaliatory tariffs between the two sides, Finnish Prime Minister told CNBC Antti Rinne.
Baca lebih lajut »
Maxine Waters on Trump: We've subpoenaed many of his operationsRep. Maxine Waters discusses Deutsche Bank stating that it has tax returns linked to Donald Trump that are of interest to House committees, plus the possible impeachment of the president, with Joy Reid.
Baca lebih lajut »
Trump: US 'locked and loaded depending on verification' of attack on Saudi oil fieldPresident Donald Trump on Sunday evening tweeted that the US has 'reason to believe that we know' who is responsible for an attack on a Saudi Arabian oil field and the country is 'locked and loaded depending on verification' following the crippling strike.
Baca lebih lajut »
Trump says U.S. ‘locked and loaded’ after attack on Saudi oilTrump said the United States was “locked and loaded” following a drone attack on a major Saudi Arabian oil facility, which the Trump administration is blaming on Iran
Baca lebih lajut »