Wires

WTO awards U.S. right to hit 7.5 bln of EU goods over Airbus subsidies

GENEVA, Oct 2 (Reuters) - 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.

Washington has drawn up a preliminary list of goods that it plans to hit with tariffs of up to 100% ranging from planes to luxury goods. (Reporting by Stephanie Nebehay; Writing by Philip Blenkinsop; Editing by Tim Hepher)