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WTO to arbitrate in U.S.-EU aircraft case

Organization launches arbitration process in longstanding international trade dispute

The World Trade Organization (WTO) has just stepped into an epic legal clash between the U.S. and the European Union (EU).

Yesterday, the WTO launched an arbitration process to examine a U.S. request for between $7 billion and $10 billion in retaliatory sanctions against the EU for providing purportedly illegal subsidies to European aircraft manufacturer Airbus SAS.

Ashley Post

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