EU given green light to hit US with tariffs in Airbus-Boeing ruling

The EU has been handed the right to hit almost $4 billion (€3.4 billion)-worth of US goods with punitive tariffs in retaliation for illegal state aid to Boeing, leading Brussels to ramp up calls for a final settlement to the two sides’ 16-year aircraft dispute. The World Trade Organisation announced the decision on Tuesday. The EU will now have to decide when to put the tariffs into practice. The retaliation rights of $3.99 billion are less than the $7.5 billion the US received in a parallel case last year against Airbus, and also less than the $8.58 billion requested by the EU. But Brussels has identified a wide range of US products that it could hit, including aircraft, fitness machines...