October 2, 2019 / 2:22 PM / 15 days ago

WTO awards U.S. right to hit 7.5 billion of EU goods over Airbus subsidies

FILE PHOTO: The Airbus logo is pictured at Airbus headquarters in Blagnac near Toulouse, France, March 20, 2019. REUTERS/Regis Duvignau

GENEVA (Reuters) - The World Trade Organization ruled on Wednesday that the United States could target $7.5 billion of imports from the European Union over illegal subsidies for planemaker Airbus.

Washington has drawn up a preliminary list of goods that it plans to hit with tariffs of up to 100% ranging from planes to luxury goods.

Reporting by Stephanie Nebehay; Writing by Philip Blenkinsop; Editing by Tim Hepher

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