The World Trade Organization (WTO) will hold a special meeting of its Dispute Settlement Body at the request of the United States on Oct. 14 to adopt its arbitration decision in the Airbus subsidies case, a WTO spokesman said on Thursday.
The global trade watchdog gave Washington a green light on Wednesday to impose tariffs on $7.5 billion worth of European Union (EU) goods annually in the long-running case.
The United States said it would enact 10% tariffs on European-made Airbus planes and 25% duties on French wine, Scotch and Irish whiskies and cheese from across the continent as punishment for illegal EU aircraft subsidies.
(Published 03 October 2019, 08:29 IST)
JOIN US