After receiving a green light from the World Trade Organization, U.S. President Donald Trump is set to impose tariffs on $7.5 billion of goods coming from the European Union on October 18th. Due to the European subsidies for Airbus which violate international trade rules, the WTO ruled on Wednesday that the U.S. could impose duties as high as 100 percent on 7.5 billion in goods. The award represents... 

US President Donald Trump has vowed to impose import tariffs on $11 billion worth of goods from the European Union after the World Trade Organization (WTO) ruled EU subsidies to Airbus caused “adverse effects” to the US. Earlier this week, the US Trade Representative (USTR) said Washington was mulling tariffs on a wide range of European exports to the US, including large commercial aircraft and...