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WTO grants U.S. $7.5 billion for retaliation in Airbus dispute

October 2, 2019 at 11:05 AM
A World Trade Organization arbitrator has granted the United States the right to retaliate annually on almost $7.5 billion worth of European goods for illegal subsidies that member states provided to Airbus – even though a compliance panel is set to rule later this month on whether the illegal measures have been removed. The EU had requested that the arbitrator wait for the compliance panel ruling, but the arbitrator denied the request saying that it was not legally necessary or...

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