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Airbus

UPDATE: W.T.O. DECISION AUTHORIZES THE U.S. TO IMPOSE $7.5 BILLION IN TARIFFS ON E.U. PRODUCTS

On October 2, 2019, the World Trade Organization (“W.T.O.”) announced that the U.S. can impose $7.5 billion in tariffs annually on products of the European Union (“E.U.”), in retaliation for the E.U. illegally subsidizing its large civil aircraft manufacturer, Airbus. In anticipation of this decision, the U.S. prepared two lists of tariff provisions on which […]