WTO / European Parliament asks for rapid support to food producers penalised by Airbus ruling

Following the WTO ruling on Airbus subsidies, gaving the US the right to levy tariffs on EU exports as retaliation for earlier, excessive EU subsidies given to the aircraft maker Airbus, the US levied up to 25 percent tariffs since 18 October 2019 on a large number of agricultural products such as French wine, Italian cheese and Spanish olive oil.

Today, Members of the European Parliament urge the European Union to mobilise all existing tools and market instruments to help EU farmers unduly affected by newly imposed US tariffs worth €6.8 billion.