GENEVA, Oct. 13 (Xinhua) -- The World Trade Organization (WTO) on Tuesday ruled that the European Union (EU) can impose tariffs on U.S. products worth around 4 billion U.S. dollars, in retaliation for government subsidies given to the aircraft manufacturer Boeing.
The WTO said in an arbitration decision that the level of countermeasures, amounting to 3.99 billion dollars, is commensurate with the adverse effects suffered by Boeing's European rival Airbus in terms of lost sales and impeded imports and exports of its aircraft.