Economics
WTO Rejects EU’s Claim It Complied With Ruling on Airbus Aid
- Decision ensures the U.S. can maintain its retaliatory tariffs
- EU can appeal but the appellate body may soon be paralyzed
Photographer: Jasper Juinen/Bloomberg
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The World Trade Organization on Monday said the European Union didn’t sufficiently eliminate the adverse effects of its trade-distorting subsidies to Airbus SE.