Same trade goal, different continent

Same trade goal, different continent

  • The US got the green light to impose $7.5 billion in tariffs on European goods, thanks to winning the largest WTO arbitration award in history
  • Europe illegally subsidized Airbus, giving them an unfair advantage over Boeing
  • The ruling and subsequent tariffs will make European goods like cheese and wine more expensive, which could help US farmers and manufacturers

Last week, the Trump administration continued its efforts to create a more fair international trade environment for the US, this time with the support of the largest World Trade Organization (WTO) arbitration award in history. Joining China, Europe now has to face the backlash of $7.5 billion in tariffs because the WTO ruled they have unfairly subsidized Airbus for nearly two decades.

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