The European Union (EU) today filed a request for the World Trade Organization (WTO) to grant $12 billion in annual sanctions against the US “because of the US failure to withdraw subsidies in the dispute involving large civil aircraft,” according to a WTO statement. The request for sanctions follows the EU’s assessment that “the US had not lived up to its obligation to remove its illegal subsidies in the aircraft sector, as required by the WTO rulings that ...

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