EU wins right to place tariffs on $4 billion U.S. goods in aircraft spat

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The award, which partially mirrors U.S. tariffs on Airbus jets and confirms a decision first reported by Reuters on Sept 30, threatens to stoke transatlantic trade tensions just three weeks before U.S. presidential elections on Nov. 3.

However, negotiators on both sides say it could also lead at last to discussions to resolve a 16-year legal battle.