PARIS (Reuters) – The European Union should move forward with retaliatory trade tariffs against the United States if Washington does not withdraw its tariffs in a dispute over aircraft subsidies, the French government said on Tuesday.
The World Trade Organization spoke out in favor of the European Union on Tuesday, giving the bloc the right to impose tariffs on $ 4 billion of U.S. goods in retaliation for subsidies given to aircraft maker Boeing . TO PROHIBIT.
The move is the latest twist in a more than 15-year-old dispute that has seen Washington impose tariffs on EU imports.
“In the absence of a negotiated solution and as long as the unjustified American sanctions are maintained, the European Union should exercise its right to sanctions”, declared the French Minister of Finance Bruno Le Maire and the Minister of Commerce Franck Riester in a press release spouse.