Cork Dork: Simply Tariff-ying
ONE NORMALLY WOULDN’T think that airplane manufacturing and winemaking would have much in common, but thanks to the intricacies of international trade, the two industries have recently become inextricably linked.
This issue dates back to 2004, when the United States filed a complaint with the World Trade Organization alleging that European Union countries were giving illegal government subsidies to the European aircraft manufacturer Airbus, creating an unfair economic advantage against the U.S.