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WTO rules on US complaint regarding EU civil aircraft subsidies; US announces countermeasure duties on certain EU products and also takes further actions on China origin goods

On 2 October 2019, the World Trade Organization (WTO) Arbitrator, comprised of a three-person appellate body, issued its report regarding the appropriate value of acceptable countermeasures the United States (US) could impose on the European Union (EU) for providing subsidies to non-US aircraft manufacturers. The WTO arbitrators determined that the US was entitled to impose tariffs on US$7.5 billion of EU-origin goods.

Source  EY

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