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Today's arbitration ruling in the case against the EU on Airbus subsidies.
The ruling sets a limit on the impact of US tariffs or services barriers raised in retaliation at $7,496,623,000 ($7.5 billion)
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The ruling sets a limit on the impact of US tariffs or services barriers raised in retaliation at $7,496,623,000 ($7.5 billion)
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This is the conclusion of the arbitration. Remember, it's only about the scale of retaliation, after it already had been established that the EU's subsidies were illegal.
Note the US could retaliate on services, but prefers tariffs on goods
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wto.org/english/tratop…
Note the US could retaliate on services, but prefers tariffs on goods
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wto.org/english/tratop…
Here's the UK government's response:
1.
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1.
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From the UK government, continued
2
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2
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The US doesn't seem to have responded yet.
Here are the US's original proposed lists of products in the retaliation:
Batch 1: ustr.gov/about-us/polic…
Batch 2: ustr.gov/about-us/polic…
Today's arbitration will set a ceiling on those.
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Here are the US's original proposed lists of products in the retaliation:
Batch 1: ustr.gov/about-us/polic…
Batch 2: ustr.gov/about-us/polic…
Today's arbitration will set a ceiling on those.
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@bbaschuk P.S. This is the largest ever arbitration award for retaliation in the history of the WTO
