October 2, 2019 / 2:08 PM / 15 days ago

WTO awards U.S. right to hit 7.5 billion of EU goods over Airbus subsidies

Logo of Airbus is pictured at the aircraft builder's headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau

GENEVA (Reuters) - The World Trade Organization ruled on Wednesday that the United States could target $7.5 billion of imports from the European Union over illegal subsidies for planemaker Airbus.

Washington has drawn up a preliminary list of goods that it plans to hit with tariffs of up to 100% ranging from planes to luxury goods.

Reporting by Stephanie Nebehay; Writing by Philip Blenkinsop; Editing by Tim Hepher

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