USTR: US to consider higher EU tariffs following WTO ruling - RTRS

The US Treasury Office has stated that the WTO panel found the EU launch aid to Airbus continued to cause adverse effects and costs US firms significant revenue.

Key notes

• Strong action is needed to convince EU to end market-distorting subsidies.
• Citing lack of progress in ending the dispute over aircraft subsidies, says will review increasing tariffs on EU products, adding other items to the current list.