A World Trade Organization (WTO) arbitration panel on Tuesday 13 October found that the European Union was in a position to apply retaliatory tariff measures to the tune of €3.4 billion (around US$4 billion) against the United States in the Airbus/Boeing dispute (DS 353).
Indeed, the arbitration panel concluded that “the EU may request authorisation from the Dispute Settlement Body to take countermeasures against the United States [...] at a level not exceeding, in total,...