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.

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