October 14, 2019 / 7:33 AM / a month ago

WTO authorises U.S. to target EU goods with tariffs over Airbus

GENEVA, Oct 14 (Reuters) - The World Trade Organization (WTO) formally authorised the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after a decision earlier this month by a WTO arbitrator over subsidies to planemaker Airbus.

The WTO’s dispute settlement body, made up of representatives from its 164 members, cleared Washington to take countermeasures against the European Union and Airbus-producing countries Britain, France, Germany and Spain.

The authorization was a formality. It would only have been denied if all WTO members present voted against. (Reporting by Stephanie Nebehay; editing by Philip Blenkinsop)

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