(Worthy News) – President Donald Trump says the United States will impose new tariffs on more than $11 billion worth of exports from the European Union, after the World Trade Organization ruled last year the EU was illegally subsidizing aircraft maker Airbus.
The WTO, in a decision last May, ruled the European countries had given $22 billion in state aid to Airbus to help build its A380 and A350 jets, damaging its U.S. rival, Boeing. [ Source: VOA News (Read More…) ]
The World Trade Organization finds that the European Union subsidies to Airbus has adversely impacted the United States, which will now put Tariffs on $11 Billion of EU products! The EU has taken advantage of the U.S. on trade for many years. It will soon stop!
— Donald J. Trump (@realDonaldTrump) April 9, 2019
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