Trade Body Says Eu Can Sanction 4$B Worth Of Us Goods

October 13, 2020 - 7:16 am

GENEVA (AP) — World Trade Organization arbitrators said Tuesday that the European Union can sanction up to $4 billion in U.S. goods over Washington's illegal support for plane maker Boeing.

The ruling, which could inflame Trump administration criticism of the Geneva-based trade body, amounts to one of the largest penalties handed down by the WTO. It comes a year after another ruling authorized billions in penalties against the European Union over support for Boeing rival Airbus.

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