Britain says tariffs are no answer to Airbus dispute after WTO ruling
Britain said tariffs were in no-one’s interest and should not be applied to the UK after a ruling by the World Trade Organization on Wednesday that the United States could target $7.5 billion of imports from the European Union over illegal subsidies fo…
Website that allowed Huawei phones to install Google apps taken down
A China-based website that allowed for manual installation of Google’s Android apps on Huawei’s newly launched Mate 30 devices went offline on Wednesday after a security researcher highlighted the “backdoor” to sidestep a U.S. ban.
U.S. wins backing for $7.5 billion tariffs on EU in jet subsidy clash
The United States won approval on Wednesday 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.
France ready to hit back if U.S. sanctions EU imports: minister
France is ready to retaliate if the United States goes ahead with trade sanctions on EU imports, its finance minister said on Wednesday after Washington won WTO backing for the measures.
Wall Street drops more than 1% on domestic growth worries
U.S. stocks fell more than 1% for the second straight session on Wednesday, hitting a fresh one-month low, as September’s weak private payrolls report added to concerns of a slowdown in the world’s largest economy.
WTO decision will weigh on Airbus, Germany’s Merkel says
A decision by the World Trade Organisation (WTO) allowing the United States to target goods imported from the European Union over illegal subsidies to Airbus will weigh on the planemaker, German Chancellor Angela Merkel said on Wednesday.
Airbus urges talks to settle long-running trade dispute
Airbus on Wednesday urged talks to reduce trade tensions after the World Trade Organization gave the United States approval to impose tariffs on $7.5 billion worth of European goods over illegal EU subsidies handed to Airbus.
Ford, Fiat Chrysler report higher quarterly U.S. pick-up truck sales
Ford Motor Co and Fiat Chrysler Automobiles NV on Wednesday reported higher pick-up truck sales for the third quarter in the United States, as lower interest rates helped boost demand in a market that has seen sales decline.
EU says U.S. tariffs linked to Airbus would be counterproductive
The European Commission said on Wednesday that a U.S. move to impose trade sanctions on EU imports would be short-sighted and counterproductive and risked causing damage on both sides of the Atlantic.
WTO awards U.S. right to hit 7.5 billion of EU goods over Airbus subsidies
The World Trade Organization ruled on Wednesday that the United States could target $7.5 billion of imports from the European Union over illegal subsidies for planemaker Airbus.
