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EU paid billions in illegal subsidies to Airbus, WTO rules

The World Trade Organisation (WTO) has ruled that the European Union paid billions of dollars in illegal subsidies to Airbus.
 
The US Trade Representative (USTR) said the ruling opens the way for placing tariffs on EU goods.
 
The WTO dismissed an appeal by Airbus saying the European plane maker had failed to fix the harm done to Boeing.
 
The USTR argued that European countries had given $22 billion in state aid to Airbus to help launch its A380 and A350 jets.


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