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US sanctions for Europe cause of Airbus

World Trade Organization recognizes America 7.5 billion - VIDEO

Today, the European Commission has declared that the US decision to impose trade sanctions on EU imports will risk causing damage on both sides of the Atlantic.

The reference is on the decision by the World Trade Organization to recognize Washington the possibility of imposing tariffs for 7.5 billion dollars (6.8 billion euros) of European export, as a penalty for subsidies received over the years by Airbus. A ruling that has the greatest impact on trade relations between Europe and the United States.

Europe has declared through EU Trade Commissioner Cecilia Malmstroem that, in the event of new duties, it will not remain passive and intends to take countermeasures: in the next few months a similar verdict is expected, this time asked by Brussels against the aid granted by Washington to Boeing.

Below, an in-depth video on the World Trade Organization decision:

RC3 - 1224729

AVIONEWS - World Aeronautical Press Agency