Trademagazin > News and articles > Market News > The WTO has allowed the imposition of European criminal duties on US products
The WTO has allowed the imposition of European criminal duties on US products
The World Trade Organization (WTO) has allowed the European Union to penalize a U.S. products in a value of 4 billion USD, due to providing illegal subsidies to U.S. aircraft manufacturer Boeing.
The decision, unveiled on Tuesday, is another milestone in a 16-year battle between major aircraft manufacturers – European Airbus and American Boeing – and could further deepen tensions in trade relations between the United States and the European Union. (MTI)
Related news
Coca-Cola introduces a new cola
Coca-Cola announced that it will be adding a new product…
Read more >Choking hazard pacifiers and toxic raincoats: EU investigates flood of Temu and Shein products
Pacifiers that can cause choking, sunglasses without UV filters, cosmetics…
Read more >Burberry’s quarterly revenue fell 5.5 percent
The British Burberry Group, one of the world’s leading luxury…
Read more >
More related news >
Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >