U.S. To Impose Tariffs On EU After World Trade Organization Win

The video discusses the US imposing tariffs on EU goods following a WTO arbitration award, the largest in history, due to a long-standing dispute over subsidies to Airbus and Boeing. The US claims EU subsidies harmed Boeing, leading to tariffs on EU agricultural exports and aircraft. The dispute began in 2004 with mutual complaints to the WTO. Findings in 2010 and 2011 confirmed illegal subsidies by both parties. Efforts to resolve the issue include WTO arbitration, with potential countermeasures from both sides.

What was the main reason for the US imposing tariffs on EU goods?

• To improve relations with the EU

• To strengthen the US dollar

• In response to EU subsidies to Airbus

• To increase US exports

When did the US first file a complaint against the EU regarding subsidies?

• 2000

• 2004

• 2010

• 2015

What was the EU's response to the US complaint about Airbus subsidies?

• The EU increased subsidies to Airbus

• The EU immediately withdrew subsidies

• The EU filed a counter-complaint against the US

• The EU ignored the complaint

What role did the World Trade Organization play in the US-EU trade dispute?

• It imposed sanctions on both parties

• It acted as an arbitrator to settle the dispute

• It ignored the dispute

• It supported the EU's position

What might the EU do if the US imposes World Trade Organization authorized countermeasures?

• Increase subsidies to Airbus

• Negotiate a new trade deal

• Impose similar countermeasures on the US

• Withdraw from the World Trade Organization