A- A A+
Last Updated : Aug 5 2021 10:45PM     Screen Reader Access
News Highlights
India's ace grappler Ravi kumar Dahiya creates history, clinches Silver Medal; Men's Hockey team snatch Bronze medal            Both houses of Parliament witness repeated adjournments over Pegasus issue and Farm Bills; adjourned for the day            PM Modi interacts with the beneficiaries of Pradhan Mantri Garib Kalyan Anna Yojana in Uttar Pradesh            India crosses another milestone in COVID-19 Vaccination Drive, crosses 49 Cr mark; recovery rate stands at 97.37%            Bombay HC asks Maha govt to consider issuing vaccination card to allow fully inoculated people to travel in local trains           

International News

Oct 14, 2019
2:37PM

WTO gives US final authorisation to impose tariffs on EU products

AIR Pic
The World Trade Organisation (WTO) gave the United States final authorisation to impose tariffs on EU products in retaliation for illegal subsidies given to Airbus. Earlier this month, a WTO arbitrator gave Washington the green light to slap tariffs on 7.5 billion US dollars worth of European Union imports.

The move comes as a landmark moment in the 15-year legal battle between Airbus and American plane-maker Boeing. The arbitrator's award- the largest in the organisation's history- was rubber-stamped by the WTO's Dispute Settle Body (DSB) at a special DSB meeting.

Washington has said the tariffs, which may target a range of consumer products including French wine, could be in place by Friday. But EU officials have indicated that they are trying to reach a negotiated settlement with the US to avoid escalating trade tensions that risk battering economies across the globe.

If those negotiations fail to produce a deal, Brussels will get the chance to impose its own WTO-approved tariffs on US products, after convincing WTO judges that Boeing had benefited from illegal US government subsidies. An arbitrators award in that case is due in 2020. 

   Related News

Live Twitter Feed

Listen News

Morning News 5 (Aug) Midday News 5 (Aug) Evening News 5 (Aug) Hourly 5 (Aug) (1910hrs)
समाचार प्रभात 5 (Aug) दोपहर समाचार 5 (Aug) समाचार संध्या 5 (Aug) प्रति घंटा समाचार 5 (Aug) (2200hrs)
Khabarnama (Mor) 5 (Aug) Khabrein(Day) 5 (Aug) Khabrein(Eve) 5 (Aug)
Aaj Savere 5 (Aug) Parikrama 5 (Aug)

Listen Programs

Market Mantra 5 (Aug) Samayki 1 (Jan) Sports Scan 5 (Aug) Spotlight/News Analysis 5 (Aug) Employment News 5 (Aug) रोजगार समाचार 5 (Aug) World News 4 (Aug) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 5 (Aug) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 31 (Jul) North East Diary 5 (Aug)