Why Trump Just Made Your Dinner More Expensive - News Summed Up

Why Trump Just Made Your Dinner More Expensive


American shoppers may not have paid close attention to a 15-year controversy involving generous subsidies that the European Union provided Airbus, its largest aircraft manufacturer. But that long-running dispute between Europe and the United States is about to turn up at the supermarket. Here’s what you need to know about the trade fight, and how it will affect your grocery list. The United States argues that these subsidies allow Airbus to sell its products at unfairly low prices around the world, hurting America’s largest plane maker, Boeing. So the Americans brought a case against the Europeans at the World Trade Organization, the global body that handles trade disputes.


Source: New York Times October 03, 2019 16:41 UTC



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