close

News WrapGet Handpicked Stories from our editors directly to your mailbox

US wins backing for $7.5 bln tariffs on EU in jet subsidy clash

Oct 03, 2019, 11.00 AM (IST)
The United States won approval on Wednesday (October 2) to impose tariffs on $7.5 billion worth of European goods over illegal EU subsidies handed to Airbus, threatening to trigger a tit-for-tat transatlantic trade war as the global economy falters. Watch this video to know more.