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The World Trade Organisation rules the EU paid illegal aid to the European planemaker, paving the way for trade tariffs.
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Scooped by Graham Watson |
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Naughty, naughty. The WTO have deemed that the EU have given unfair assistance to Airbus, ruling in favour of the US, and giving the green light to the US imposition of tariffs on the company.
This case has taken seven years to reach this stage and any likely protectionist measures are likely to take another year to take effect.