A World Trade Organization ruling handing the U.S. a victory over the European Union in their multibillion-dollar jetliner fight may test Europe’s efforts to defend global trade rules from Trump administration criticism. The WTO on Tuesday brought the U.S. a step closer to imposing potentially billions of dollars worth of trade retaliation against the EU over subsidies provided to plane maker Airbus SE that Washington says have harmed Boeing Co....

Source: Wall Street Journal May 15, 2018 17:03 UTC