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US gets final approval for up to $7.5 billion in duties on EU goods

Request for tariff approval stemming from Airbus subsidy dispute

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New US tariffs on scores of European Union (EU) goods with a value of up to $7.5 billion annually – stemming from a dispute over EU subsidies to aircraft manufacturer Airbus – were formally greenlighted during a special October 14 session of the World Trade Organization (WTO) Dispute Settlement Body (DSB).

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